Maintaining a fixed exchange rate over the long run is today
A) virtually impossible.
B) more vulnerable to speculative attacks than in the past.
C) preferable.
D) possible only in special cases such as maintaining strict capital controls.
E) aided by technology which allows instant movement of money between financial markets in different countries.
D
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The following graph depicts demand. 
The price elasticity of demand at point C is:
A. 16/3. B. 3/16. C. 3/8. D. 3/4.
The table above shows a total product schedule. Suppose that labor costs $20 per worker and fixed costs are $60. The average variable cost of producing 80 units equals ________ per unit
A) $0.75 B) $1.00 C) $1.75 D) $20 E) $0.25
Suppose a monopolistic competitor produces 1,250 units of a good in equilibrium and charges a price of $7.50 for each unit. If the average total cost of producing 1,250 units of the good is $8, what is the total loss incurred by the producer?
A) $0.50 B) $500 C) $625 D) $1.50
Traditionally, bonds have been issued with coupons that bondholders redeem every
A) year. B) quarter. C) six months. D) month.