Creating a market that was previously "missing":
A. redistributes surplus from buyer to seller.
B. creates more total surplus.
C. redistributes surplus from seller to buyer.
D. redistributes surplus from one market to the one that was previously missing.
B. creates more total surplus.
Economics
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Suppose the target exchange rate set by the Fed is 100 yen per dollar. If the demand for dollars temporarily increases, to maintain the target exchange rate, the Fed can
A) sell dollars. B) buy dollars. C) violate interest rate parity. D) violate purchasing power parity.
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How is happiness related to development?
What will be an ideal response?
Economics