If real GDP increases by 5 percent and the population increases by 10 percent during the same period, real GDP per capita

In a fixed exchange rate regime, the value of a currency is pegged to ________

A) an anchor currency B) a currency board C) a dirty float D) an interest rate standard such as the Treasury bill rate in the U.S.

Suppose an agent must pay the full marginal cost for an item but splits the marginal revenue with the principal. As a result,

A) joint profit is maximized. B) joint profit is not maximized. C) the agent will not enter into such a contract. D) the agent wishes to sell as many items as he can.