The ________ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries

A) theory of purchasing power parity
B) law of one price
C) theory of money neutrality
D) quantity theory of money

A

Economics

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Total profit is maximized if the slope of the total profit curve is

a. positive. b. negative. c. increasing. d. zero.

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The US government generally finances its debt by:

A. selling US securities. B. printing money. C. borrowing directly from the FED. D. borrowing directly from very large banks.

Economics