When the price of Starbucks coffee increased by 8 percent, the quantity demanded of Peet's coffee increased by 10 percent. Calculate the cross-price elasticity of demand between Starbucks coffee and Peet's coffee

Borrowing money from other countries is rarely a good idea

Indicate whether the statement is true or false

A fixed exchange rate is enforced by

a. national governments, who establish appropriate trade barriers for each country with whom they trade b. national governments, who manipulate gold reserves appropriately c. central banks, who buy and sell appropriate currencies d. the International Monetary Fund, which offers loans to appropriate countries e. local governments, who manipulate capital reserves appropriately