The foreign exchange system that has the highest foreign exchange risk is
A) the dirty floating exchange rate.
B) the fixed exchange rate.
C) the floating exchange rate.
D) the Bretton Woods system.
C
Economics
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In a zero-sum game, ________
A) each player earns a zero payoff irrespective of the strategy one chooses B) each player has a dominant strategy C) each player chooses a pure strategy D) one player's loss is another player's gain
Economics
Comparing the simple Keynesian model with the IS-LM model, in the IS-LM model
a. the government spending multiplier is larger. b. the balanced budget multiplier is larger. c. the tax multiplier is smaller. d. there is no difference between any of the multipliers.Figure 7-2
Economics