When Norway unilaterally fixes its exchange rate against the euro and leaves the krone
A) free to float against the non-euro currencies, it is able to keep at least some monetary independence.
B) free to float against the non-euro currencies, it is unable to keep at least some monetary independence.
C) free to float against the non-euro currencies, it is able to keep its monetary independence.
D) run by crawling peg against the non-euro currencies, it is able to keep at least some monetary independence.
E) fixed against the non-euro currencies, it is unable to keep its monetary independence.
B
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Taxes
A. are mandatory payments. B. are necessary for financing government expenditures. C. do not directly relate to the benefit of government goods and services received. D. all of these answer options are correct.
Different types of unemployment pose different problems to the economy. Compare and contrast three types of unemployment. Explain how much of a problem each poses compared to the others.
What will be an ideal response?
Answer the next question based on the following balance sheet for the First National Bank. Assume the reserve ratio is 15 percent.AssetsLiabilities & Net WorthReserves$50,000 Checkable Deposits$120,000Loans75,000 Stock Shares130,000Securities25,000 Property100,000?Refer to the above data. This bank can make new loans of up to:
A. $32,000. B. $41,000. C. $50,000. D. $27,000.
A time deposit with a fixed maturity date offered by banks is called a
A. savings deposit. B. checking account. C. corporate bond. D. small-denomination certificate of deposit.