This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A commodity money standard exists when exchange rates are: a. artificially pegged to the price of ... (Read 19 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
A commodity money standard exists when exchange rates are:
 a. artificially pegged to the price of oil.
  b. fixed in terms of gold, thus creating flexible exchange rates between countries.
  c. fixed in terms of gold, thus creating fixed exchange rates between countries.
  d. allowed to fluctuate based on the values of different currencies.
  e. fixed, based on the values of different currencies, in terms of some commodity.

Question 2

Which of the following observations is true of subsidies?
 a. They act as barriers to trade.
 b. They reduce the amounts of actual labor, raw material, and capital costs of production.
  c. They are capable of distorting trade patterns.
 d. They reduce inefficiencies.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


CQXA

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Overview of gas exchange between the environment, blood, and cells. Overview of gas exchange between the environment, blood, and cells.
A standard employment application form may be used. A standard employment application form may be used.
Saving Rates by Income Quintile, 2003 Saving Rates by Income Quintile, 2003
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
The rates of police reported sexual offences The rates of police reported sexual offences
A karyotype arranges the chromosomes in a standard format A karyotype arranges the chromosomes in a standard format
Video: Integumentary Anatomy

For a complete list of videos, visit our video library