The current exchange rate system in the United States is best described as a

A) silver standard. B) fixed exchange rate system.
C) managed float exchange rate system. D) gold standard.

C

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Cash is included in m2

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In the above figure, using the slope across an arc, the slope of the curve between points b and c is

A) 1/3. B) -1/3. C) 3. D) -3.

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