When determining inflation, the price level in each period is typically reported as an index number, rather than as the _______________ amount for buying the basket of goods.

Government takeover of a foreign corporation is called

a. joint venture b. expropriation c. imperialism d. nationalization e. all of the above

An exchange rate crisis is caused by

A) a sudden and an unexpected collapse in the value of a nation's currency. B) the inability of the IMF to predict the immediate collapse of the currency of a country. C) the adoption of a flexible exchange rate system by a country or group of countries. D) the adoption of a fixed exchange rate system by a country or group of countries. E) Both C and D are correct.