If exchange rates are determined in a floating rate system, what determines the value of a U.S. dollar in terms of euros?
a. government exchange rate policies
b. IMF rules and policies
c. demand and supply
d. central bank interventions
c
Economics
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All points above a given indifference curve are
A) inferior to any point on the indifference curve. B) preferred to any point on the indifference curve. C) definitely not affordable. D) Both answers Band C are correct.
Economics
Refer to Figure 3-4. At a price of $20, how many units will be supplied?
A) 400 B) 500 C) 600 D) 800
Economics