Answer the following statement(s) true (T) or false (F)
1.Quantitative easing is when central banks buy long-term securities to lower long-term interest rates directly.
2.The Beijing Consensus advocates low inflation and market reforms in developing and developed states
3.Microeconomic policies apply to the economy as a whole, not a specific industry or sector.
4.In the Single Market Act of 1987, the European Community rationalized domestic regulations among its member countries to create a single integrated market with compatible regulations.
1.True
2.False
3.False
4.True
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Throughout most of the United States' involvement in Vietnam, U.S. policymakers
a. believed that the USSR aided North Vietnamese aggression against the South. b. believed that the USSR was aiding in secret efforts to end the Vietnam War. c. felt that U.S. involvement was necessary because vast profits could be made there. d. sought to deploy strategic missiles there.
California, in its Proposition 19, differed from other states in attempting
a. to legalize medical marijuana. b. to legalize marijuana for recreational purposes. c. to make possession of marijuana a crime. d. to pass laws concerning marijuana use more stringent than federal law.