The monetary efficiency
A) loss from pegging the Norwegian krone to the euro (for example) will be higher if factors of production can migrate freely between Norway and the euro area.
B) gain from pegging the Norwegian krone to the euro (for example) will be lower if factors of production can migrate freely between Norway and the euro area.
C) gain from pegging the Norwegian krone to the euro (for example) will be higher if factors of production can not migrate freely between Norway and the euro area.
D) gain from pegging say the Norwegian krone to the euro (for example) will be higher if factors of production can migrate freely between Norway and the euro area.
E) gain or loss from pegging the Norwegian krone to the Euro cannot be predicted using the available information.
D
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Indicate whether the statement is true or false
A firm that controls both the upstream as well as the downstream stages of production is said to be:
a. functionally integrated. b. perpendicularly integrated. c. vertically integrated. d. horizontally integrated.
The basic incentive problem associated with internal transfers is that:
A. divisional managers have only public information about opportunity costs. B. divisional managers have private information about opportunity costs. C. senior management make all information about opportunity costs public. D. senior management have private information about opportunity costs.
Real disposable income for a household equals
a. the real return on capital services. b. real income available after taxes. c. the nominal wage rate. d. the real return on capital services after taxes.