Based on this figure, if the krone exchange rate is fixed at $0.15 dollars per krone, then the krone is:
A. devalued.
B. overvalued.
C. revalued.
D. undervalued.
Answer: B
Economics
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Use the table below to answer the following question.PriceQuantity Supplied$101089684726Over the $8 to $6 price range, supply is
A. zero. B. unit-elastic. C. elastic. D. inelastic.
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What is a "cost-of-living" adjustment?
What will be an ideal response?
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Evaluating risk requires that:
A. we think about different possible outcomes. B. we accept that our best guess about future costs and benefits could be wrong. C. we consider uncertain costs or benefits of an event or choice. D. All of these statements are true.
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In 2013, the income share of the highest quintile was:
A. almost 60 percent. B. 20 percent. C. almost 90 percent. D. 47 percent.
Economics