A nation's foreign exchange reserves consist mainly of
A) excess reserves held by its banks.
B) government securities of that nation.
C) the legal currency of that nation.
D) currencies of other nations.
D
Economics
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The above figure shows the domestic market for tomatoes. Suppose this market is isolated from global competition and there is a support price set at $16. In this figure, what area equals the total subsidy paid to tomato farmers?
A) area E B) area B + area C + area D + area F C) area C + area D + area E + area G D) area A E) area F
Economics
The method of payment that a principal can use to elicit effort from an agent is called:
a. a contract. b. an order. c. an incentive. d. garbling.
Economics