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vgrdiver vgrdiver
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6 years ago
The gold standard was helpful in stabilizing economies during the Great Depression.
 
  Indicate whether the statement is true or false



Question 2 - Based on the theory of comparative advantage, nations maximize their well-being when they
 
  A) create more jobs.
  B) allocate resources more efficiently.
  C) increase trade surpluses.
  D) increase exports.



Question 3 - The currency crisis of 1992 caused France and a number of other countries to choose between
 
  A) a single currency for the EU and keeping their own currency.
  B) doing the right thing for their domestic economy and defending the exchange rate.
  C) lowering interest rates and reducing unemployment.
  D) competitive devaluations and falling unemployment.



Question 4 - Low labor standards are usually associated with
 
  A) nondemocratic governments.
  B) high-income countries.
  C) high-wage countries.
  D) low foreign investment.



Question 5 - Fiscal policy can be implemented more quickly than monetary policy.
 
  Indicate whether the statement is true or false
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jamestoprankedjamestopranked
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Posts: 328
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6 years ago
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vgrdiver Author
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6 years ago
This site is awesome
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Thanks for your help!!
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2 hours ago
Helped a lot
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