A currency system in which governments try to keep the values of their currencies constant against another is called a ________ exchange rate system

An investor can acquire shares of stock in Acme Corporation either by purchasing shares on the stock market or by purchasing a bond that is convertible into shares of Acme stock

After careful study, the investor discovers that she can profit by purchasing the bond, converting it to shares of stock, and selling the stock. This practice is called: A) selling short. B) arbitrage. C) profiteering. D) dumping. E) none of the above

Which of the following is NOT a cause for an oligopoly to exist?

A) economies of scale B) structural dependence C) barriers to entry D) horizontal mergers