In the absence of international capital controls, central banks set ________ to provide the correct incentive for speculators?
A. money supply targets
B. income policy
C. interest rates
D. inflation targets
A. money supply targets
B. income policy
C. interest rates
D. inflation targets
A. Reduce interest rates
B. Sell its own currency
C. Buy its own currency with foreign reserves
D. Increase its own spending
A. When the economy is at the natural rate of unemployment
B. When the economy is at the natural rate of investment
C. When the economy is at the natural rate of aggregate demand
D. When there is no no unemployment
A. Idea generation
B. Concept development and testing
C. Idea screening
D. Brainstorming
A. a weakening of a currency
B. A depreciation of a currency
C. An appreciation of a currency
D. a debasement of a currency
A. by producing differentiated products
B. because of barriers to exit from the industry
C. by virtue of size alone
D. because of barriers to entry into the industry
A. 1W = 1B
B. 1W = 2B
C. 1W = 3B
D. 1W = 1/3B