If the productivity of an assembly line worker rises from 6 rivets per minute to 9 rivets per minute, we can say that her productivity
A. fell by 50%.
B. stayed the same.
C. rose by 50%.
D. rose by 100%.
C. rose by 50%.
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Refer to the figure above. What is the producer surplus in the market?
A) $20 B) $40 C) $60 D) $80
A currency board
a. issues domestic currency in exchange for foreign currency at an exchange rate of its choosing. b. is responsible for the conduct of the nation's monetary policy. c. promises to continue redeeming the issued currency at a fixed rate. d. does all of the above.
The forward exchange rate:
a. allows investors to be sure of the price at which they can trade forex in the future. b. is the rate at which a trader can purchase currency for immediate delivery. c. is the rate of discount that international banks get when they purchase. d. is the rate that speculators consider if they are looking for bargain prices .
Intermediate goods are goods and services used:
A. by the ultimate user. B. by state and local governments. C. as inputs. D. both as inputs and final goods.