Under a managed float, a country's central bank
a. buys or sells its currency in order to keep its money supply stable
b. buys or sells its currency in order to maintain a stable exchange rate
c. may sell its currency in order to prevent a depreciation
d. may buy a foreign currency in order to prevent its appreciation
e. prints money and uses it to buy foreign currency
B
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The monopolist
A. is a perfect competitor. B. has a horizontal demand curve. C. produces where MC equals MR. D. None of the choices are correct.
If Jose is 22-years old, is available to work but does not have a job and made no specific efforts to find a job for the previous month, Jose is classified in the Current Population Survey as
A) not in the labor force. B) not in the working-age population. C) unemployed. D) in the labor force but not in the working-age population. E) employed.