One advantage of a fixed exchange rate system compared to a floating or managed float exchange rate system is
A) it is easier for central banks to control inflation.
B) there is no need for government intervention.
C) it allows the exchange rate to reflect demand and supply in the market.
D) it eliminates the possibility of depreciation during a recession.
A
Economics
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If the price of inputs rises and personal income taxes rise:
a. Price index rises, and real GDP rises. b. Price index rises, and real GDP falls. c. Price index rises, and the change in real GDP is uncertain. d. Price index falls, and real GDP rises. e. The change in price index is uncertain, and real GDP falls.
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U.S. immigrants are less likely to be working than immigrants in other developed countries
a. True b. False Indicate whether the statement is true or false
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