The use of foreign exchange reserves to keep exchange rates constant over time is called
A) a fixed exchange rate system.
B) the Bretton Woods system.
C) a fiscal fix.
D) a floating exchange rate system.
A
Economics
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If the budget line shifts from BB to bb in the above diagram we can infer that the:
A) price of Y has increased and the price of X has decreased. B) price of Y has decreased and the price of X has increased. C) prices of both X and Y have increased. D) prices of both X and Y have decreased.
Economics
According to the World View excerpt that compares GDP figures for several nations, Russia's real GDP is approximately
A. More than that of Mexico. B. More than that of China. C. More than that of Germany. D. None of the choices are correct.
Economics