A currency board is:
A) a structure, rather than a mere commitment, to limiting the growth of the money supply in the economy.
B) a recipe for conservative and prudent financial management.
C) designed to eliminate the power of politicians to exercise judgment by relying on an automatic and unbendable rule.
D) all of the above
Answer: D
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If there is no specific closing date named in the escrow instructions, escrow is to close:
a. within a reasonable period of time. b. within 30 days. c. within 60 days. d. within 90 days.
Injuries or losses sustained within an owner's condominium unit would most likely be covered by:
A. The condominium owner's association insurance. B. The unit owner homeowner's insurance. C. The landlord's insurance. D. The unit owner's title insurance.