The price of one nation's currency in terms of the currency of another nation is called the
A) IMF rate.
B) fed funds ratio.
C) exchange rate.
D) discount rate.
C
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________ is the economic framework that describes an individual's optimal actions in settings where interactions with others determine her well-being
A) Game theory B) Utility Optimization C) Strategic Equilibrium D) Best Response model
In what year did the United States go off the gold standard?
A) 1933 B) 1945 C) 1981 D) 2001
A new entrant is an individual
A) in the labor force whose employment was involuntarily terminated. B) who used to work full time but left the labor force and has now reentered it looking for a job. C) in the labor force who quits voluntarily. D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.
Which of the following people would be counted among the unemployed?
a. A new college graduate selling newspaper advertisements part time while looking for other work b. A new college graduate selling newspaper advertisements full time while looking for other work c. A new college graduate selling newspaper advertisements part time and not looking for other work d. A new college graduate who gets tired of selling newspaper advertisements and takes off on a motorcycle trip to Alaska e. A new college graduate not qualified for any of the jobs available in his small town