Eurodollars are:
A. euro-denominated deposits in U.S. Banks.
B. dollars that are specially printed for use abroad to minimize counterfeiting.
C. the currency of the European Economic Union.
D. dollar-denominated deposits in banks outside the United States.
Answer: D
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Answer the following statement true (T) or false (F)
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A. accounting profits are also zero. B. no firms will enter or exit the industry. C. average revenue slightly above average total cost. D. average variable costs are minimized.
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