The price of one country's currency in terms of another country's currency is called the

Which of the following statements is true?

a. The money price is usually the same as the time price for most consumers. b. The money price of a good is always greater than the time price. c. The money price is always greater for high-wage earners than for low-wage earners. d. The time price is usually less for low-wage earners than for high-wage earners. e. The time price of a good is directly proportional to the money price.

Under a tying contract,

a. the price a buyer must pay for a good is tied to the size of his purchase. b. a customer agrees as a condition of buying a good to purchase one or more additional goods from the same seller. c. a firm agrees to allow members of its competitors' boards of directors to sit on its board. d. a firm agrees to pay an intermediary for having arranged a business deal for the firm.