Why might a nation seek to maintain a pegged exchange rate?
A) It makes business planning easier for firms involved in the global economy.
B) It removes the need to intervene in the foreign exchange market.
C) It ensures that the exchange rate will remain at its equilibrium.
D) It makes their currency more attractive on the foreign exchange market.
A
Economics
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The introduction of human capital to the Solow neoclassical growth model reduces the significance of the contribution of ________ to increases in per capita income
A) K B) L C) K and L D) None of the above.
Economics
If both prices increases by 50%,
A) budget constraint will be unchanged. B) slope of the budget constraint stay the same. C) slope of the budget constraint will decrease. D) budget constraint will shift outward in a parallel fashion.
Economics