Only individuals choose, which means
A) only individuals exist.
B) collectives do not exist.
C) only individuals can assess the expected costs and benefits of an action.
D) all of the above.
C
Economics
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From uncovered interest parity, we know that when the domestic currency is expected to depreciate, the domestic interest rate should be:
a. greater than the foreign interest rate. b. greater than the foreign exchange rate. c. less than the foreign interest rate. d. less than the foreign exchange rate.
Economics
The velocity of circulation is
A) the relationship between income and spending. B) the relationship between increases in income and investment. C) the ratio of currency to demand deposits. D) the average number of times per year a dollar is spent on goods and services in GDP.
Economics