The European Monetary System (EMS) relied on the ______ to maintain fixed rates of exchange, but in 1992, several notable defections from the system created doubt that a monetary union could occur.

Illegal immigrants pay social security tax. Therefore, they receive social security benefits on retirement

a. True b. False Indicate whether the statement is true or false

Refer to the graph below. If demand decreases, then total revenues will:

A. Decrease
B. Increase
C. Stay the same
D. Cause supply to decrease too