The above table gives some of the costs of the Delicious Pie Company. What is the average variable cost of producing 300 pies?

A) $1,800
B) $6
C) $5
D) More information is needed to calculate the average variable cost.

C

Economics

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Japan has a fairly high saving rate and the level of saving in Japan is above domestic investment. Use the saving and investment equation to explain what Japan is doing with this excess of saving above domestic investment

What will be an ideal response?

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The current international monetary system is best described as a

A) fixed exchange rate system. B) flexible exchange rate system. C) managed flexible exchange rate system. D) dollar standard. E) gold standard.

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