Using a broader measure of the unemployment rate where discouraged workers and part-time workers who wished to work full time were counted as unemployed, the BLS estimates the unemployment rate in August 2015 would have ________ compared to the

Which of the following will cause a decrease in aggregate demand?

A. Restrictive monetary policy. B. A decrease in the reserve requirement. C. Expansionary monetary policy. D. The purchase of bonds by the Fed.

The agreements that were reached at the Bretton Woods conference in 1944 established a system

A. in which the values of currencies were fixed in terms of a specific number of ounces of gold, which in turn determined their values in international trading. B. of essentially fixed exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed-upon value of its currency. C. of floating exchange rates determined by the supply and demand of one nation's currency relative to the currency of other nations. D. that prohibited governments from intervening in the foreign exchange markets.