Which of the following is not an exchange rate system?
a. Purchasing power parity
b. Fixed exchange rates
c. Flexible exchange rates
d. Fixed rates within bands
e. Managed floating
.A
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The Solo Coal Mine is the only employer in the small town of Way out there. The market supply of coal miners is Qs = 0.02W - 400, where W is the annual wage of a coal miner and Q is the number of people who would accept employment as a coal miner. What is the coal mine's marginal expenditure function?
A. ME = 50Q + 10,000 B. ME = 100Q + 10,000 C. ME = 50Q + 20,000 D. ME = 100Q + 20,000
Under TANF, there is a lifetime eligibility cap of five years, with some loopholes
Indicate whether the statement is true or false
Flexible exchange rates are more volatile than floating ones
a. True b. False
An important source of productivity in human capital is the location of the labor force living in cities
Indicate whether the statement is true or false