In a fixed exchange rate regime, the value of a currency is pegged to ________
A) an anchor currency
B) a currency board
C) a dirty float
D) an interest rate standard such as the Treasury bill rate in the U.S.
A
Economics
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Bill and Bev are playing the ultimatum game, starting with $50 . A coin flip results in Bev being the one to propose a division of the $50 . If Bev acts as economic theory assumes, she should propose that
a. she gets $30 and Bill gets $20. b. she gets $25 and Bill gets $25. c. she gets $24 and Bill gets $26. d. she gets $49 and Bill gets $1.
Economics
The income that people earn in resource or factor markets is called:
a. disposable personal income. b. transfer payments. c. national income. d. personal income.
Economics