The principal goal of the Treaty of Maastricht was the creation of a
A. fixed exchange rate system.
B. floating exchange rate system.
C. gold-exchange system.
D. monetary union.
Answer: D
Economics
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Which is considered fiat money?
(a) Greenbacks (b) Gold coins (c) Silver dollars (d) Silver certificates
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If muffins and bagels are substitutes, a higher price for bagels would result in a(n)
a. increase in the demand for bagels. b. decrease in the demand for bagels. c. increase in the demand for muffins. d. decrease in the demand for muffins.
Economics