When the domestic currency strengthens under a fixed exchange-rate system, this is called

A. a revaluation.
B. a devaluation.
C. an appreciation.
D. a depreciation.

Answer: A

Economics

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The money-creating ability of the banking system may be lowered by:

a. a decrease in the cash balances that people wish to hold. b. a fall in the overall rate of inflation. c. an increase in the excess reserves. d. an increase in total deposits. e. an increase in the reserve requirement.

Economics

Basically the United States' high rate of population growth since the time of George Washington's presidency

A. has been a drag on the United States' rate of economic growth. B. pushed up the United States' rate of unemployment. C. created a growing problem of not enough food to feed everyone. D. provided a market for the United States' farmers and manufacturers.

Economics