Year-to-year movements in real exchange rates between industrialized countries like the U.S. and Canada are caused mostly by
A) changes in relative rates of inflation.
B) changes in relative growth rates of output.
C) changes in quotas or tariffs.
D) changes in capital controls.
E) changes in nominal exchange rates.
E
Economics
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A homeless family is given a government subsidy for an apartment in an affordable housing project. The apartment
A. is subject to the free-rider problem. B. has widespread benefits and concentrated costs. C. is not a public good. D. is not subject to the principle of rival consumption.
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