Critics of the current system of flexible exchange rates allege that it
a. promotes inflation
b. promotes unemployment
c. gives central banks too little discretion over their money supplies
d. restricts the growth of developing countries
e. gives too much financial power to industrial countries
A
Economics
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What concept does economics primarily deal with?
a) scarcity b) poverty c) change d) power
Economics
Suppose that the supply curve remains unchanged. If the demand curve shifts to the right
A) the market clearing price definitely will decrease. B) the market clearing price definitely will increase. C) there will be no change in the market clearing price. D) the market will collapse.
Economics