If the dollar appreciates against the Canadian dollar at a faster rate than the Canadian inflation rate exceeds the U.S. rate, then the U.S. dollar appears
A) depreciated.
B) overvalued.
C) undervalued.
D) None of the above.
B
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In the table above, how many jackets must Mary forgo for every dress she makes?
A) 2/3 of a jacket B) 12 jackets C) 3/4 of a jacket D) 8 jackets E) 1 1/2 jackets
Mandy saved her allowance to buy a 12 pack of cream soda. When Mandy's brother saw the soda, he took four. Sodas were allocated between Mandy and her brother through
A) force. B) majority rule. C) first-come, first-served. D) sharing equally. E) personal characteristics.
For the European Central Bank (ECB), the equivalent of the FOMC's target federal funds rate is the:
A. London Inter-Bank Offer Rate. B. European target discount rate. C. European target federal funds rate. D. target refinancing rate.
Under the transferrable pollution rights system, unused permits ______.
a. must be destroyed b. can be sold c. become public property d. result in heavy fines