The legally established value of a country's monetary unit in terms of another under the Bretton Woods system was called the

A. par value.
B. dirty float.
C. exchange rate.
D. special draw.

Answer: A

Economics

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Which of the following would be the most difficult consumer characteristic for firms to use in price discrimination?

a. gender b. age c. height d. educational attainment e. weight

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If the national debt is owed to foreigners,

a. the debt constitutes a burden to domestic citizens. b. economic growth will necessarily be higher than if the debt were owed to domestic citizens. c. paying off the debt will involve a transfer of resources within the country. d. future interest payments on the debt are not a burden to the nation.

Economics