Of the following, which is NOT a trade-off that must be dealt with in any exchange rate regime?

A) cooperation vs independence
B) rules vs discretionary action
C) dollars vs pounds
D) All of the above are rate regime trade-offs.

Answer: C

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The county recorder indexes deeds by

A. time received. B. location. C. grantor's and grantee's names. D. tax assessor's number.

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A builder purchased several parcels of property with a mortgage containing a release clause. Which of the following mortgages would accomplish this?

A. Package mortgage. B. Blanket mortgage. C. Open end mortgage. D. Purchase money mortgage.

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