f the dollar appreciates relative to the Yen, it can be said that
What will be an ideal response?
the Yen depreciates relative to the dollar.
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If you want to know the present value of a future payment received in one year, what formula can you use?
A) Present value equals future payment divided by one plus the rate of interest. B) Present value equals future payment times the current market rate of interest. C) Present value equals future payments times one plus the rate of interest. D) Present value equals one plus the rate of interest in decimals divided by future payment.
According to Malthus, how do economic growth and population relate to each other?
Structural unemployment is likely to be affected by
A. the amount of the money supply. B. the reservation wage curves of people. C. an economic recession or boom. D. minimum wage laws in the economy.
Economies of scope
A) is a situation in which it is more expensive to produce goods separately than jointly. B) is the opposite of economies of scale. C) occur whenever only one good is produced at a time. D) are an example of the gains from specialization.