The WWQX Co sells shirts. Shirts with the company label on the tag are perceived to be of higher quality than shirts with the store's label. Yet, shirts are of identical quality regardless of the label. The demand for perceived high-quality shirts is ph = 80 - qh. The demand for perceived low-quality shirts is pl = 19 + ph - ql. The firm can produce shirts at TC = 2qh + 2ql. What is WWQX Co total

Which is the best characterization of the current international payments system?

A) The World Bank and the IMF approve nations' exchange rate regimes and ensure that financial flows are not hampered by imbalances. B) All nations are now operating with floating exchange rates and free capital flows. C) The four richest industrial nations have floating exchange rates, while the rest of the nations peg to those currencies. D) There is no standard and no rules, and each nation chooses the regime that works best for its individual situation at the time.

Banks can increase the supply of money

A. only by increasing the currency in the hands of the public. B. only by increasing the checking deposits held by the public. C. by increasing both the currency and the checking deposits in the hands of the public. D. neither by increasing the currency nor the checking deposits in the hands of the public.