Which currency is most commonly traded?

What will be an ideal response?


The U.S. dollar

Economics

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If the exchange rate falls from 120 yen per dollar to 110 yen per dollar, the dollar has depreciated

Indicate whether the statement is true or false

Economics

Explain what allocation efficiency is and how it is achieved in pure competition

What will be an ideal response?

Economics

Suppose that a specific tax of $3 is imposed on producers of bread. The bread market supply is Qs = 10 + 0.5P and the bread market demand is Qd = 100-P. What is the producers' tax burden?

A) Producers' tax burden is $1.30. B) Producers' tax burden is $3.00. C) Producers' tax burden is $2.00. D) Producers' tax burden is $2.30

Economics

If GDP decreases, there will initially be

A) a surplus of money and the equilibrium interest rate will rise. B) a surplus of money and the equilibrium interest rate will fall. C) a shortage of money and the equilibrium interest rate will rise. D) a shortage of money and the equilibrium interest rate will fall.

Economics