The fact that exchange rates are nearly identical in different markets around the world is due to
a. the actions of speculators
b. official action by central banks around the world
c. the actions of arbitrageurs
d. agreement by policy makers of the major industrial countries
e. the actions of currency converters
C
Economics
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The Social Security Fund is designed as
A) a pay-as-you-go system. B) an investment portfolio that individual contributors can make periodic payments into. C) an account that allows periodic withdrawals by contributors. D) an individual account with a federal reserve bank.
Economics
Duane owns his own real estate company. The Bureau of Labor Statistics counts Duane as
a. unemployed and in the labor force. b. unemployed and not in the labor force. c. employed and in the labor force. d. employed and not in the labor force.
Economics