If a country has a fixed exchange rate,
A) the equilibrium exchange rate in that market does not respond to changes in supply and demand for currency.
B) the exchange rate is allowed to fluctuate in response to changes in the supply and demand for currency.
C) central banks have more control over real GDP in the economy.
D) central banks must buy and sell their holdings of currencies to maintain a given exchange rate.
D
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Bargaining between the management of a company and the management of a union is
A) a closed shop. B) a bilateral monopoly. C) a craft union. D) collective bargaining.
The system of measurement for expressing macroeconomic data is called
a. national income accounting. b. balance of payment accounting. c. generally accepted accounting principles. d. double entry bookkeeping.
Cashing out capital gains in Virtual Currency System #3 (i.e., turning virtual capital gains into real world currencies) causes the nation's:
a. M2 money multiplier to remain the same. b. M2 money supply to rise. c. M2 money multiplier to rise. d. M2 money supply to fall.
When the federal government crafts environmental policies that make it less expensive for firms to follow green? initiatives