Paper money (currency) in the United States is issued by the:
A. U.S. Mint.
B. Federal Reserve Banks.
C. U.S. Treasury.
D. national banks.
B. Federal Reserve Banks.
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__________ Theory claims that individuals seek to develop relationships that will maximize the benefits or profits and minimize the costs or deficits
a. Elbing b. Social Exchange c. Life Sciences d. Ostrich Effect
A computer sells for $800 in the United States and for 600 British pounds in England. Given an exchange rate of 0.65 British pounds = $1, how do the computer prices of these countries compare?
a. The computer sells for the same price in both countries. b. The computer costs $923 more in the United States. c. The computer costs $95 more in England. d. The computer costs $124 less in the United States. e. The computer costs $124 less in England.