Use the following table, which shows the supply and demand schedules for the euro, to answer the next question.Quantity of Euros SuppliedPriceQuantity of Euros Demanded400$1.101003601.002003000.903002860.804002670.70500Under a flexible exchange rate system, what will be the rate of exchange for one euro?

In the short-run velocity is not constant. Which of the following variables can be affected by a change in money supply?

I. real GDP II. nominal GDP III. the price level A) III only B) II and III C) I, II, and III D) If velocity is not constant, then none of the variables is affected.

Late in the 2000–2009 decade, real estate prices in the U.S. fell by a greater percentage than they had fallen since the

a. 1890s. b. 1930s. c. 1950s. d. 1970s.