According to the text, over 40 percent of member nations of the International Monetary Fund have
A) a fixed exchange rate.
B) no separate legal currency.
C) an independently floating exchange rate.
D) a managed floating exchange rate.
Answer: A
Economics
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Ford Motor Corporation is considering purchasing new technology that will increase productivity by twenty percent. If Ford Motor Corporation decides to make this investment at the going real interest rate, then
A) Ford's profits will decline. B) the demand for loanable funds increases. C) the supply of loanable funds increases. D) the quantity of loanable funds demanded increases. E) saving increases.
Economics
As the economy nears the end of an expansion, interest rates usually ________ and wages rise more ________ than prices
A) fall; rapidly B) fall; slowly C) rise; slowly D) rise; rapidly
Economics