Which of the following exchange rate policies uses a target exchange rate, but allows the target to change?
A) crawling peg
B) flexible exchange rate
C) fixed exchange rate
D) moving target
A
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The main events that can put a bank under stress include all of the following except _________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a TRUE statement?
A. To get more money, one must earn interest on money. B. To demand money is to demand a higher income. C. To use money, one must hold money. D. To demand money is to demand wealth.
The American Federation of State, County, Government and Municipal Employees is an example of a(n)
A) guild. B) craft union. C) industrial union. D) public-sector union.
Which of the following will not contribute to increasing the stock of physical or human capital of a nation?
a. an increase in savings b. a reduction in taxes on capital gains and stock dividends c. a lack of enforcement of private property rights d. the subsidization of higher education