The difference between the exchange value of a money and its cost of production is defined as

A) seigniorage.
B) net value.
C) net exchange profit.
D) the face value.

A

Economics

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U.S. unemployment as a result of freetrade agreements such as NAFTA

a. should be taken much more seriously, and workers should be offered assistance. b. is a temporary phenomenon to which the economy will adjust within a few years. c. results in a shift into lower productivity jobs such as hamburger flipping. d. results in a shift into lower productivity jobs such as hamburger flipping and is a temporary phenomenon to which the economy will adjust within a few years.

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What effect do non-tradable goods have on PPP?

What will be an ideal response?

Economics