In the classical model, markets clear
a. in the short run
b. every month
c. immediately
d. in the long run
e. as soon as any shock occurs
D
Economics
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What is hyperinflation?
What will be an ideal response?
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The most common tool of analysis in international finance for measuring the average value of a currency relative to several other currencies is
A) bilateral exchange rates. B) cross exchange rates. C) exchange rate indexes. D) All of above.
Economics