Ans: D) the price of one country's currency in terms of another country's currency.
The nominal exchange rate is the
A) rate of return on Treasury bills, notes, and bonds.
B) rate at which stocks and bonds may be exchanged for currency.
C) the rate at which domestic bank deposits and foreign bank deposits are exchanged.
D) the price of one country's currency in terms of another country's currency.
Economics
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The following graph depicts demand. 
The price elasticity of demand at point D is:
A. 2/5. B. 2. C. 1/2. D. 5/2.
Economics
Martha used to pay for her expenses with her own hard-earned money. She always tried to spend as little as she could. However, she started spending more when she received a scholarship . This behavior is an example of ________
A) moral hazard B) a pecuniary externality C) the free-rider problem D) the paradox of thrift
Economics
A market equilibrium might not maximize total economic surplus because:
A. in a market equilibrium individuals do not act rationally. B. efficiency is not an important social goal. C. in a market equilibrium individuals do not exploit all opportunities for individual gain. D. sometimes goods entail costs and benefits that do not fall on buyers and sellers.
Economics
The smaller the fraction of an investment financed by borrowing
A) the greater the potential return and potential loss on that investment. B) the smaller the potential return and potential loss on that investment. C) the greater the potential return and the smaller the potential loss on that investment. D) the smaller the potential return and the greater the potential loss on that investment.
Economics