Generally speaking, exchange rates are determined by
A) supply and demand.
B) the International Monetary Fund.
C) interest rates.
D) differences in money growth rates.
A
You might also like to view...
Refer to Figure 13-1. Ceteris paribus, an increase in government spending would be represented by a movement from
A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.
Describe the two extreme views on illegal immigration and their employment effects. Why are these two views misleading?
What will be an ideal response?
Suppose that last year the unemployment rate was 5 percent and the inflation rate was 2.5 percent. If the natural rate of unemployment is 5 percent, how do you expect inflation to change?
What will be an ideal response?
Unregulated natural monopolies:
A. never capture lowest costs per unit possible. B. can capture profits by restricting output. C. create no problems for policy-makers. D. are always protected by government policy.