An agreement that gives one party the right to buy or sell from or to another part a specified quantity of currency at a specified price would be include in which of the following.

Fixed exchange rates serve as a constraint on inflationary government policies

a. True b. False Indicate whether the statement is true or false

Which of the following statement(s) is (are) true?

A) If the income elasticity of demand for a product is negative, then the good is labeled an inferior good. B) If the income elasticity of demand for a product is greater than 1, then the good is labeled a necessity. C) If the cross-price elasticity of demand between two goods is negative, then the two good are complements. D) Both A and C