Under a flexible exchange rate, an increase in the domestic money supply leads to
A) a devaluation of the domestic currency.
B) a revaluation of the domestic currency.
C) a depreciation of the domestic currency.
D) an appreciation of the domestic currency.
C
Economics
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In the circular flow, ________ provide the factor services
A) businesses and households B) producers C) households D) businesses
Economics
The Danish currency, the krone, is pegged to the euro at a rate of 7.46 kroner (kroner is the plural of krone) to the euro. At the pegged exchange rate, how many euros would be exchanged for one krone?
A) 0.07 B) 0.13 C) 1.76 D) 7.46
Economics