Fixed exchange rates are fixed by
A. international speculators who manipulate the world’s currencies.
B. international demand and supply.
C. national governments.
D. All of the above are correct.
Answer: C
Economics
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Government expenditures are defined as
A) government spending on goods and services plus transfer payments. B) the excess of total expenditures over total revenues. C) the sum of all past borrowing by the government. D) the excess of total revenues over total expenditures.
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Which of the following would be considered open-access common property?
A) a library B) the world wide web C) a company gym D) broadcast television
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