Author Question: A composite currency whose value is the average of the values of the U.S. dollar, the Japanese yen, ... (Read 34 times)

ereecah · **on:** Jun 30, 2018

A composite currency whose value is the average of the values of the U.S. dollar, the Japanese yen, the euro, and the British pound is known as a:
a. special drawing right.
b. productive resource.
c. standard of value.
d. scarce diligence resource.
e. scarce delivery resource.

Question 2

An increase in the equilibrium price and the equilibrium quantity would be caused by an increase in supply.
a. True
b. False
Indicate whether the statement is true or false