Compared with France, who stayed in the ERM, what was the result of Britain's exit?
A) France's economy performed a bit better.
B) Britain had an economic recession while France enjoyed an expansion.
C) There was no significant difference.
D) France had an economic recession while Britain enjoyed an expansion.
Ans: D) France had an economic recession while Britain enjoyed an expansion.
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A) Federal Reserve. B) FDIC. C) House Banking Committee. D) Comptroller of the Currency.
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A. greater than average revenue. B. greater than marginal revenue. C. less than marginal cost. D. equal to average revenue.
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A) below; fall. B) above; fall C) below; rise D) above; rise E) none of the above