Both a parallel market and a black market are free markets permitted to coexist with the official market
Indicate whether the statement is true or false
FALSE
Explanation: Black market is an illegal market, but parallel market is permitted.
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Which of the following goals are part of the monetary "trilemma"?
a. predictable exchange rates, free movement of capital, and autonomous monetary policy b. rising exchange rates, free movement of capital, and nationalist monetary policy c. predictable exchange rates, autonomous monetary policy, and protectionist trade policy d. protectionist trade policy, free movement of capital, and rising exchange rates
The financial sector of an economy includes which of the following components?
A) strengthening payment systems and regulatory agencies B) strengthening financial sector institutions C) attracting global capital and domestic savings D) both A and B