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Test bank international economics, 10e chapter 19

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Nội dung chi tiết: Test bank international economics, 10e chapter 19

Test bank international economics, 10e chapter 19

International Economics, lOe (Krugman/Obstfeld/Melitz)Chapter 19 (8) International Monetary- Systems: An Historical Overview19.1 Macroeconomic Policy

Test bank international economics, 10e chapter 19 Goals in an open Economy1)A country seeking to maintain internal balance would be concernedA)only with attaining low levels of unemployment.B)primari

ly with ensuring that saving is weighted more towards domestic investment than the current account.C)with large fluctuations in output or prices.D)wit Test bank international economics, 10e chapter 19

h maintaining an adequate stock of gold reserves.E)with stabilizing employment levels globally.Answer: cPage Ref: 538-547Difficulty: Easy2)By internal

Test bank international economics, 10e chapter 19

balance, most economists meanA)full employment.B)price stability.C)full employment and price stability.D)full employment and moderate increase in pri

International Economics, lOe (Krugman/Obstfeld/Melitz)Chapter 19 (8) International Monetary- Systems: An Historical Overview19.1 Macroeconomic Policy

Test bank international economics, 10e chapter 19 sive imbalances in international payments.B)balance between exports and imports.C)balance between the trade and service accounts.D)what amounts to fix

ed exchange rates.E)imbalance in internal transactions.Answer: APage Ref: 538-547Difficulty: Easy4)Which one of the following statements is TRUE?A)Inf Test bank international economics, 10e chapter 19

lation but not deflation can occur even under conditions of full employment.B)Deflation but not inflation can occur even under conditions of full empl

Test bank international economics, 10e chapter 19

oyment.C)Inflation or deflation can occur even under conditions of full employment.D)Inflation can occur even under conditions of full employment only

International Economics, lOe (Krugman/Obstfeld/Melitz)Chapter 19 (8) International Monetary- Systems: An Historical Overview19.1 Macroeconomic Policy

International Economics, lOe (Krugman/Obstfeld/Melitz)Chapter 19 (8) International Monetary- Systems: An Historical Overview19.1 Macroeconomic Policy

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