Which of the following best characterizes the current U.S. exchange rate policy?

A. A fixed exchange rate
B. A crawling pegged exchange rate
C. A freely floating exchange rate
D. An adjustable pegged exchange rate

Answer: C

Economics

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Which of the following Gini ratios indicates the highest degree of income inequality?

A. 0.78. B. 0.65. C. 0.29. D. 0.42.

Economics

The economy is undergoing a recession that has reduced consumers' incomes. In the computer chip market, this will lead to

A) an increase in price and a decrease in quantity. B) an increase in price and an increase in quantity. C) a decrease in price and a decrease in quantity. D) a decrease in price and an increase in quantity.

Economics