The euro floats against other currencies, but the member nations of the euro have no separate national money. For this reason, Spain, that uses the euro as its currency is listed under the managed float arrangement
a. True
b. False
Indicate whether the statement is true or false
False
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The figure above shows the supply curve for soda. The market price is $1.00 per soda. The producer surplus from all the sodas sold is
A) $0.00. B) $15.00. C) $20.00. D) $1.00. E) None of the above answers is correct.
Which of the following people is least likely to be hurt by inflation?
a. A salesperson who works on commission b. A retired couple living on a pension c. An individual who enters into a fixed-wage contract for the next three years d. An individual who agrees to lend money at a fixed rate of interest for the next three years e. An individual working at the minimum wage which seldom changes
During the 1960s, U.S. steel firms argued they needed tariff protection because Germany and Japan were using new mills to make steel since their old mills were destroyed in World War II. Essentially, this argument is a form of the
A. infant-industry argument. B. countering foreign subsidies argument. C. anti-dumping argument. D. national defense argument.
Refer to the information provided in Figure 8.8 below to answer the question(s) that follow. 
Figure 8.8 Refer to Figure 8.8. At the market price of $8 per bushel, if this farmer produces the profit-maximizing level of soybeans, the total revenue would be
A. $1,200. B. $2,800. C. $5,600. D. $8,400.