An adjustment of central parities in the EMS is called a
A) realignment.
B) nominal appreciation or nominal depreciation.
C) real appreciation or real depreciation.
D) re-coupling.
E) re-paritization.
Question 2
As an economy adjusts to an decrease in the saving rate, we would expect output per worker
A) to decrease at a constant rate and continue decreasing at that rate in the steady state.
B) to decrease at a permanently higher rate.
C) to increase at a permanently higher rate.
D) to return to its original level.
E) none of the above
The pancreas. This organ sits just below the stomach and is both an exocrine and an endocrine gland.
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