Under a system of fixed exchange rates, what happens if a country's currency is undervalued?

The Federal Trade Commission was created by Congress as an expert body to

A) help small businesses compete by offering technical advice and assistance. B) help small businesses compete by providing low-interest start-up loans. C) prevent insider trading. D) promote competition by preventing trade practices held to be unfair. E) regulate prices on spot and futures markets.

Suppose there is a shortage of computer programmers, but firms refuse to hire unemployed typists and train them. This is one reason for ________ unemployment

A) turnover B) seasonal C) mismatch D) cyclical