The world has had a freely floating exchange rate system since

A. 1933.
B. 1946.
C. 1964.
D. 1973.


D. 1973.

Economics

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Explain the case for land reform in Latin America. Are there any potential negative effects? What steps could be taken to address these effects?

What will be an ideal response?

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The rate at which a consumer must give up y to get one more x is equal to

A) -Px/Py. B) -Py/Px. C) -MUx/MUy. D) MUy/MUx.

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Which of the following sectors in the economy accounted for about 70% of the spending in the U.S. during 2009?

a. The government b. Firms c. The foreign sector d. Investors e. Households

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The slope of the budget constraint reveals the relative price of good X compared to good Y

a. True b. False Indicate whether the statement is true or false

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