When exchange rates are limited to small fluctuations, but not totally fixed, economists refer to the situation as:

a. essentially fixed.
b. essentially floating.
c. relatively floating.
d. intermediate regimes.

Ans: d. intermediate regimes.

Economics

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Assuming all else equal, an increase in the real interest rate will cause:

A) a leftward shift of the credit supply curve. B) a rightward shift of the credit supply curve. C) a downward movement along the credit supply curve. D) an upward movement along the credit supply curve.

Economics

Price ceilings are adopted in most cases because

A. the government favors a non-intervention policy. B. producers need incentives to produce more of the good or service. C. the government wants to create surpluses. D. the government views the current equilibrium price as too high for consumers.

Economics