Countries that have flexible exchange rates are known to possess some certain economic characteristics. What are they?
What will be an ideal response?
Large size, relatively closed, inflation rate that differs from trading partners, diversified trade.
Economics
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A binding minimum wage is a type of:
a. quota. b. price floor. c. price ceiling. d. tax incidence.
Economics
What will the federal government have to do in order to redeem the bonds in the Social Security Trust Fund?
a. raise taxes b. cut expenditures on other government programs c. borrow additional funds d. Some combination of a, b, and c.
Economics