The acronym HICP stands for:

(a) Harmonised Index of Consumer Prices;
(b) Higher Institute for Central Planning;
(c) Harmonised Index of Current Production;
(d) Hyper-Inflation Control Programme.

Answer: (a) Harmonised Index of Consumer Prices;

Economics

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What is the gold standard?

(A) A system that uses actual gold coins as a country's money. (B) A system in which a country's money is backed with gold. (C) A money system in which the paper currency is good in more than one country. (D) A currency system in which each dollar is worth 1/20 of an ounce of gold.

Economics

Which of the following countries receives the largest share of U.S. exports?

a. Mexico b. Germany c. Japan d. Canada e. United Kingdom

Economics