The sale of foreign assets by a central bank accompanied by an open market purchase of securities of the same size results in:
A) a reduction in the monetary base
B) an increase in the monetary base
C) a sterilized intervention
D) an unsterilized intervention
C
Economics
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Which of the following groups of people would be included in the official unemployment rate?
a. part-time workers b. workers temporarily laid off from jobs to which they expect to return c. discouraged workers d. all of the above
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Price ceilings are never binding when set above the equilibrium price
a. True b. False Indicate whether the statement is true or false
Economics