An open peg might be an option for some nations that desire to:
A) close off capital inflows and outflows and fix currency rates.
B) allow the free flow of capital and fix currency rates.
C) allow the free flow of capital with flexible currency rates.
D) close off capital inflows and outflows with flexible currency rates.
Answer: B) allow the free flow of capital and fix currency rates.
Economics
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The output of MP3 players should be:
A. reduced if marginal benefits exceed marginal costs. B. reduced if marginal costs exceed marginal benefits. C. increased if marginal costs exceed marginal benefits. D. reduced to zero if their unit costs exceed the unit costs of alternative products.
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In Table 9.2, Emily will lose no income if she becomes sick.
A. True
B. False
C. Uncertain
Economics