Demand takes into account goods, but not services

According to economic theory, elected government officials will favor

A) federal budget surpluses. B) balanced federal budgets. C) federal budget deficits. D) shrinking federal budgets.

If exchange rates are determined in a floating rate system, what determines the value of a U.S. dollar in terms of euros?

A. Government exchange rate policies B. IMF rules and policies C. Demand and supply D. Central bank interventions