Explain what a dual exchange rate system is
What will be an ideal response?
Two exchange rates that apply to specific transactions.
Economics
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An increase in the capital stock will
A) flatten the production function. B) steepen the production function. C) shift the production function upward. D) shift the production function downward.
Economics
The price of one good in relation to the price of another good is called:
A) absolute prices B) exchange rate C) relative prices D) none of the above
Economics