An agreement among countries to adopt a common currency is called a

A) central bank consolidation.
B) currency union.
C) monetary compact.
D) common banking treaty.

B

Economics

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When demand is elastic, an increase in price causes the seller's total revenue to:

A. decrease. B. increase. C. fall to zero. D. remain the same.

Economics

Of the three economic growth theories, which is the most optimistic about the chances of real GDP per person growing indefinitely? Which is the most pessimistic? What accounts for the differences?

What will be an ideal response?

Economics