Which of the following is a variable in the equation of exchange?
A) real GDP.
B) the velocity of money.
C) the money supply.
D) the price level.
E) all of the above.
E
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Answer the following statement(s) true (T) or false (F)
1. Actuarial risks are based on factual data. 2. A reference dose (RfD) measures the daily exposure to some contaminantthat can be tolerated over a person’s lifetime. 3. According to the textbook application on the ecological risks associated with climate change, all such risks are known with certainty. 4. The EPA has developed the same guidelines for assessing both human health risks and ecological risks. 5. In an ecological risk assessment, the step in which the ecological entity that is potentially at risk is identified is called the analysis phase.
Under a flexible exchange rate system, a decrease in the value of a domestic currency in terms of foreign currencies is referred to as
A. a devaluation. B. a revaluation. C. a depreciation. D. an appreciation.