A __________ exchange rate policy sets a fixed and unchanging value for the exchange rate against another currency.

a. soft peg
b. floating
c. hard peg
d. defined

c. hard peg

Economics

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In the theory of utility, it is assumed that marginal utility:

a. increases as the consumption of a product increases. b. is always zero irrespective of any increase or decrease in consumption. c. remains constant when consumption of a product increases. d. diminishes as the consumption of a product increases. e. remains constant when the consumption of a product decreases.

Economics

Labor, human capital, and entrepreneurship are resources related to human beings. Distinguish among the three resources

What will be an ideal response?

Economics