Which of the following treaties led to the creation of the common European currency, the euro?
A. The Treaty of Commerce and Navigation
B. The Treaty of Westminster
C. The Maastricht Treaty
D. The Merger Treaty
Answer: C
You might also like to view...
The real exchange rate is
A. the price of one currency in terms of another. B. the difference in interest rates between two countries. C. the price of domestic goods relative to foreign goods. D. the quantity of gold that can be purchased by one unit of currency.
We draw the long-run aggregate supply curve as a vertical line to reflect the fact that
A) changes in the price level do not alter the level of long-run real GDP after full adjustment has occurred. B) an accurate depiction of the production possibilities curve is vertical after full adjustment has occurred. C) technology and resource endowments do not affect long-run real GDP after full adjustment has occurred. D) the productive capacity of the economy never changes after full adjustment has occurred.
Which of the following pairs of goods is likely to be considered complements?
A) Nokia and Samsung cell phones B) Laptops and electric heaters C) Motorcycles and typewriters D) Pens and writing pads
Abe can catch 10 pounds of fish an hour or pick 10 pounds of fruit. Zeb can catch 30 pounds of fish an hour or pick 20 pounds of fruit
The opportunity cost of fish is ________ for Abe than for Zeb, and the opportunity cost of fruit is ________ for Abe than for Zeb. A) higher, lower B) lower, higher C) higher, higher D) lower, lower