The target zone model of exchange rates requires adjustment for
A) imperfect policy credibility and intra-marginal adjustments.
B) imperfect policy credibility.
C) speculative pressure and intra-marginal adjustments.
D) speculative pressure.
A
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A Treasury bill with an original maturity of six months currently sells for $972.58. The bill was issued 30 days ago. An investor who purchases this bill today would have a bond equivalent yield of __________ percent
A) 6.49 B) 6.77 C) 5.58 D) 5.65
If a firm is experiencing an economic loss in the long run, then
a. it must be experiencing an accounting loss b. it should stay in business if it can cover its fixed costs c. the market must be too large d. it should exit from the industry e. price exceeds marginal cost
If average labor productivity increases while population and the number of employed workers remain constant, then total output:
A. decreases. B. may increase or decrease. C. remains constant. D. increases.
The aggregate demand curve shows how real GDP purchased varies with changes in:
A. unemployment. B. the price of a particular good. C. the overall price level. D. the interest rate.