In a system of flexible exchange rates, lower inflation abroad would induce
a. a rise in the U.S. exchange rate.
b. a fall in the U.S. rate of exchange.
c. a balance of payments deficit for the United States.
d. no change in U.S. exchange rates.
B
Economics
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________ is an odorless and colorless gas, a product of the combustion of fossil fuels and burning wood. It is a leading cause of accidental poisoning in the U.S
a. Radon b. Carbon monoxide (CO) c. Nitrogen dioxide d. Sulfur dioxide
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The federal funds rate is the interest rate:
a. The Federal Reserve changes banks that borrow from it. b. U.S. financial institutions charge their best customers. c. On U.S. interbank loans. d. Central banks charge individuals. e. U.S. financial institutions pay to their best (i.e., largest) depositors.
Economics