The increasing cost in the law of increasing cost is a(n) ____________ cost.

"Even under flexible exchange rate regime, governments could not be indifferent to the behavior of exchange rates and inevitably surrendered some of their policy autonomy in other areas to prevent exchange rate movements they viewed as harmful to

their economies." Discuss.

A continuing increase in the growth of the money supply is likely followed by

A) a recession. B) a depression. C) an increase in the price level. D) no change in the economy.