Small differences in economic growth rates result in small differences in living standards

Indicate whether the statement is true or false

FALSE

Economics

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Mexico pegged its exchange rate to the U.S. dollar in the 1980s

A) to maintain a similar unemployment rate to the United States B) in an attempt to abandon the peso and switch to U.S. dollars as currency. C) to signal investors that Mexico was serious about controlling inflation. D) to discourage foreign investment.

Economics

The main disadvantage to forming a corporation is

a. low profits b. double taxation c. small number of owners d. difficulty in raising funds e. stockholders usually control the company

Economics