An income tax leads to double taxation on saving only if consumption is the measure to gauge a person's ability to pay.

If you buy a call option on Treasury futures at 110, and at expiration the market price is 115, the ________ will ________ exercised

A) call; be B) put; be C) call; not be D) put; not be

Soft pegs that are periodically adjusted are called

A) crawling pegs. B) hard pegs. C) snakes. D) managed floats.