The price of the average domestic good or service relative to the price of the average foreign good or service, when prices are expressed in terms of a common currency is called the ________ exchange rate.

A. fixed
B. real
C. flexible
D. nominal

Answer: B

Economics

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Research in history and economic history shows that before 1880, significant federal participation in the markets of the American economy occurred

Indicate whether the statement is true or false

Economics

Two projects have the following NPVs and standard deviations:

Project A Project B NPV 200 300 Standard deviation 75 100 Which of the two projects is more risky?

Economics