Perfect Competition is an industry in which there is only one supplier of a product that has no close substitutes

A currency system in which exchange rates are determined in free markets is called a

A) gold standard. B) flexible exchange rate system. C) fixed exchange rate system. D) all of the above

Assume that you are a plaintiff and have won a structured settlement from a lawsuit that entitles you to $1 million each year over the next ten years

An attorney from the defense team approaches you afterward and offers you $6 million in exchange for your settlement. How would you go about evaluating whether this is a good deal for you or not?