According to the text, what share of the world's countries now use floating exchange rate systems?
A) 100%
B) 70%
C) 30%
D) 15%
Ans: D) 15%
Economics
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Neither the supply of nor demand for a good is perfectly elastic or perfectly inelastic. So, imposing a tax on the good results in a ________ in the price paid by buyers and ________ in the equilibrium quantity
A) rise; an increase B) rise; a decrease C) fall; an increase D) fall; a decrease E) rise; no change
Economics
A credit card is
A) money. B) barter money. C) not money. D) fiat money. E) not money, but the card's credit line is money.
Economics