The nominal exchange rate is the
A) domestic currency price of foreign currency.
B) foreign currency price of domestic currency.
C) price of domestic goods in terms of foreign goods.
D) price of foreign goods in terms of domestic goods.
A
You might also like to view...
The relationship between the price in the cash market and the price in the futures market is
A) nonexistent. B) negative. C) positive. D) None of the above.
Which actor in the simplified circular flow model buys or rents land, labor, and capital?
A. Firms B. Households C. Markets for factors of production D. Government
A physician whose job is to determine if a patient needs to be referred to a specialist is called
A. an HMO doctor. B. a primatologist. C. a primary care physician. D. an intern.
Which of the following is a source of data on the press measure of income inequality in the United States?
A. The Internal Revenue Service B. The Federal Reserve C. Survey of Consumer Finances D. Survey of Labor and Income