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The ______ Is Currently the Main Reserve Currency of the Global

question 99

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The ______ is currently the main reserve currency of the global trading and financial system


Definitions:

Opportunity Cost

Sacrificing potential opportunities from a range of alternatives by settling on one.

Present Consumption

The portion of current income or resources that is used for consumption, rather than saving or investing.

Capital

Resources or assets used in the production of goods and services, such as machinery, buildings, and equipment.

Resources

Inputs used in the production of goods and services, including labor, capital, land, and technology.

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