The United States Mint is the only legal entity to produce circulating coinage for the United States. Michael Jackson's estate owns the copyrights to many of the Beatles songs
Xcel Energy is a public utility company who is the sole provider of electricity and natural gas in some states such as Colorado, New Mexico and Minnesota. Which of these entities, if any, is a natural monopoly? A) United States Mint
B) Xcel Energy
C) Michael Jackson's estate
D) None of these are natural monopolies.
B
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The foreign exchange rate is defined as the
A) equal to the amount of the current account deficit. B) equal to the amount of the capital account deficit. C) volume of the world currencies traded. D) rate or the speed with which the currencies of the worlds are traded. E) price at which one currency exchanges for another.
Which of the following would decrease the value of the dollar in the long run?
A) an increase in U.S. tariffs on foreign goods B) a decrease in the demand for American goods relative to goods from other countries C) a decrease in inflation in the United States relative to other countries D) a decrease in the supply of dollars on the foreign exchange market