The European Monetary System represented a
A) exchange rate regime with 'bands.'
B) crawling peg.
C) a flexible exchange rate regime.
D) none of the above
A
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Wait unemployment and search unemployment are both types of
A. structural unemployment. B. cyclical unemployment. C. frictional unemployment. D. hidden unemployment.
The U.S. Department of Labor classifies all individuals in the United States as
A) either overemployed or underemployed. B) labor force participants. C) either employed, unemployed, or not in the labor force. D) potential employees.
To restrict a firm's monopoly power, why can't antitrust authorities just set a floor or a ceiling in the market?
What will be an ideal response?
Money serves as all of the following EXCEPT
A) a medium of exchange. B) a unit of account. C) a store of value. D) a symbol that is made of or can be redeemed for a fixed amount of precious metal. E) a highly liquid asset.