The evidence suggests that in rich countries, a depreciation
A) immediately improves the trade balance.
B) eventually improves the trade balance.
C) first improves, but then worsens the trade balance.
D) has no effect on the trade balance.
E) none of the above
B
Economics
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The above table gives assets and deposits for a (small) bank. The bank's deposits that are part of M2 are equal to
A) $600. B) $1600. C) $3,100. D) $30. E) $5,100.
Economics
If the Treasury finances an expenditure by borrowing from the Fed, the money supply
A) and bank reserves fall. B) and bank reserves rise. C) rises while bank reserves remain unchanged. D) remains unchanged as bank reserves rise.
Economics