Which of the following changes in the exchange rate represents an appreciation of the dollar?
a. 100 yen = $1 to 90 yen = $1
b. 1 yen = $.10 to 1 yen = $.08
c. 1 pound = $3 to 1 pound = $4
d. $1 = 25 rubles to $1 = 20 rubles
e. 20 euros = $10 to 19 euros= $10
B
Economics
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Barylia is an economy with extractive institutions such as the absence of private property rights and high tax rates. Is it guaranteed that Barylia will always experience no growth or negative growth? Why or why not?
What will be an ideal response?
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The use of deductibles and coinsurance are examples of attempts by insurance companies to deal with the problem of
A) moral hazard. B) adverse selection. C) failure of policyholders to keep paying their premiums. D) excessive government regulation.
Economics