Some claim that the long and agonizing periods of speculation preceding exchange rate realignments would
A) not occur under fixed exchange rate regime.
B) not occur under floating.
C) become more severe under currency board.
D) become less severe under floating.
E) be prolonged under floating.
D
Economics
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Which of the following bonds are considered to be default-risk free?
A) municipal bonds B) investment-grade bonds C) U.S. Treasury bonds D) junk bonds
Economics
Sugar is an input used to produce cereal. Suppose that the price of sugar rises. As a result
A) the supply curve for sugar will shift to the right.
B) the supply curve for sugar will shift to the left.
C) the supply curve for cereal will shift to the right.
D) the supply curve for cereal will shift to the left.
Economics