One World View article,titled "Nobel Prize Was Nobler in October," reported this about the Nobel Prize in 1992: "Sweden's decision last month to let the krona float caused the prizes' value to drop from $1.2 million each when announced in October to $958,000 when King Carl XVI Gustaf presents them Thursday." Implicitly,we can conclude that a Nobel Prize is paid in
A) A depreciating dollar.
B) A depreciating krona.
C) An appreciating krona.
Correct Answer:
Verified
Q96: A balance-of-payments surplus for the United States
Q97: Ceteris paribus,if the French decide they want
Q98: In a fixed exchange rate system,
A)Excess demand
Q99: Foreign exchange reserves are
A)Held illegally by many
Q100: Ceteris paribus,if Americans decide they want to
Q102: An abrupt depreciation of a currency whose
Q103: A "dirty float" is a system
A)Of fixed
Q104: One cartoon in the text shows a
Q105: A currency bailout
A)Occurs when money is borrowed
Q106: 5 fewer yuan for the domestic money
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