An exchange rate is
A) the price of one currency in terms of another.
B) the monetary value of goods and services exchanged for imports.
C) the amount of gold a currency will buy.
D) All of the above.
A
Economics
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For a monopolist:
A. price equals average total cost. B. price is above marginal revenue. C. marginal revenue equals zero. D. marginal cost equals zero.
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