Assets denominated in foreign currency and use in international transactions are referred to as:

A) foreign money
B) international reserves
C) international monetary base
D) foreign exchange

B

Economics

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At full employment,

A) the inflation rate is zero. B) the inflation rate must equal the natural unemployment rate. C) the unemployment rate is zero. D) real GDP exceeds potential GDP. E) the unemployment rate is equal to the natural unemployment rate.

Economics

Refer to Figure 15-17. You are a member of a student government and are asked to recommend a price for the course and you argue: "I think the college should charge a price so that it just breaks even on the course". What price should you recomme

A) $0 B) $40 C) $88 D) $150

Economics