If 1 U.S. dollar exchanges for 46.94 Indian rupees, how much would it cost in rupees to purchase a copy of Time Magazine priced at $2.50?
What will be an ideal response?
2.50 x 46.94 = 117.35 rupees
Economics
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A needed reform in the U.S. income tax system that would reduce the costs of inflation is to
A) go back to taxing nominal wage and salary income. B) start taxing real wage and salary income. C) go back to taxing nominal interest income. D) tax real interest income.
Economics
How are interest payments on mortgages distributed to investors who own mortgage-backed securities?
What will be an ideal response?
Economics
The Fed relies primarily on the discount rate to control the money supply
a. True b. False Indicate whether the statement is true or false
Economics
One explanation for the change in the participation rate of married women in the U.S. labor force is that:
Economics