Managed float exchange systems were abandoned with the implementation of the gold standard
Indicate whether the statement is true or false
FALSE
Economics
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A surplus of wheat
a. is impossible if people are hungry b. is impossible if the price of wheat is below equilibrium c. will result in an increase the price of wheat d. is unlikely to result in any change in the price of wheat e. indicates that the problem of scarcity of wheat has been solved
Economics
The saving schedule shows the relationship of saving of households to the level of
A. disposable income. B. consumption. C. the average propensity to save. D. investment.
Economics