After WWI, what was the difference between the British and the French in terms of currency values?
A) The French devalued the franc from prewar levels; the British did not.
B) The British devalued the pound from prewar levels; the French did not.
C) The French depreciated the franc from prewar levels; the British did not.
D) The British depreciated the pound from prewar levels; the French did not.
A
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The term economy refers to the structure of economic life, or economic activity, in a community, a region, a country, a group of countries, or the world
Indicate whether the statement is true or false
In economics, secondary effects refer to the
A) immediate and highly visible intended consequences of an action or policy change. B) value of the goods that an individual must give up as the result of choosing an alternative. C) indirect effects that often result from an action or policy change. D) value of a good derived by the consumer.