As of March 2017, which four foreign countries were the largest holders of U.S. stocks and bonds, and what percentage of the foreign holdings did each of these countries hold?
Which aspects of globalization help to increase growth in the world economy?
Suppose Mexico and the United States are on the gold standard. If there is a half an ounce of gold in the dollar, and one quarter an ounce of gold in the peso, then the exchange rate is
A) $1 = 2 pesos.
B) $1 = 4 pesos.
C) $1 = 1/2 peso.
D) $1 = 1/4 peso.
E) $0.50 = 1/2 peso.
Suppose the United States decides to go back on the gold standard. This should
A) decrease the Federal Reserve's ability to pursue active monetary policy.
B) increase the effectiveness of contractionary monetary policy.
C) increase the effectiveness of expansionary monetary policy.
D) improve the Federal Reserve's ability to target inflation.