The exchange rate is determined by the interaction of the supply and demand for currencies in which exchange rate system is:
A) fixed.
B) flexible.
C) all of the above.
D) none of the above.
B
Economics
You might also like to view...
When the labor market is in equilibrium, real GDP ________ potential GDP
A) is greater than B) is equal to C) is less than D) might be greater than, less than, or equal to E) is not comparable to
Economics
Refer to Figure 17.3. Assume X units of plants and equipment wear out each year. What will happen to the PPC in the future if the economy currently produces at point U?
A. It will shift outward. B. It will shift inward. C. It will stay the same. D. This cannot be determined with the information given.
Economics