An independently floating exchange rate is adjusted periodically at a fixed pronounced rate.
a. true
b. false
b. false
You might also like to view...
Refer to Figure 7.1. Suppose the city passes an ordinance banning loud music, and this directly impacts Angus's legal ability to play his bagpipes
If Angus continues to play the bagpipes and Dudley calls the police, the payoffs in the appropriate cell in the payoff matrix would change to A) N/A. B) 550, 100. C) 100, 550. D) The payoffs would not change.
By bundling share purchases of many investors together mutual funds can take advantage of economies of scale and thereby lower
A) adverse selection. B) moral hazard. C) transactions costs. D) diversification.
A regressive tax is one where the taxpayer's percent of income paid in taxes will ____ as incomes increase. An example is the ____
a. decrease; sales taxes on food b. decrease; state corporate income taxes c. increase; property taxes on residential real estate d. increase; federal household income taxes
Suppose your donut shop earns $25,000 in total revenues per month with explicit costs of $15,000 and opportunity costs of $8,000. Your accounting profit is
A. $2,000. B. zero. C. $48,000. D. $10,000.