When the value of one currency increases relative to the value of another currency, it has experienced:
A. exchange rate depreciation.
B. exchange rate appreciation.
C. interest rate depreciation.
D. net capital inflow.
B. exchange rate appreciation.
Economics
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The underground economy includes: a. only illegal sources of unreported income
b. both legal and illegal sources of unreported income. c. both legal and illegal sources of reported income. d. payments that are reported to the government.
Economics
Since the 1930s, the U.S. government has supported agriculture with a "farm program" that includes the following, except:
A. Price ceilings for farm products B. Agricultural research C. Farm crop insurance D. Soil and water conservation
Economics