The big-push strategy, if successful, triggers

When exchange rates are limited to small fluctuations, but not totally fixed, economists refer to the situation as:

a. essentially fixed. b. essentially floating. c. relatively floating. d. intermediate regimes.

If Jacqueline is willing to accept $1 for a cupcake and Jameson is willing to pay $3 for a cupcake, the consumer surplus will ________ if the negotiated price is $1.50 as opposed to $2.00

A) increase B) decrease C) not change D) All of the above are possibilities.