What are the economic effects of a currency depreciation?
a. It will decrease aggregate demand and aggregate supply, so that output will certainly fall, and prices may fall as well.
b. It will increase aggregate demand and aggregate supply, so that output will certainly rise, and prices may rise as well.
c. It will increase aggregate demand and decrease aggregate supply, so that prices will certainly rise and output may rise as well.
d. It will decrease aggregate demand and increase aggregate supply, so that prices will certainly fall and output may fall as well.
c
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Research conducted by Roland Fryer shows that the "blackness" of a mother's name plays a significant role in terms of the woman's overall life outcomes
Indicate whether the statement is true or false
The demand for U.S. dollars originates from all of the following except
A. Speculation in U.S. dollars. B. Foreign demand for U.S. exports. C. U.S. demand for imported goods. D. Foreign demand for U.S. investments.
Dynaflex Corp. is considering an investment project that costs $900 today. It expects the project will yield income of $350 at the end of years 1, 2, and 3. If the interest rate is 10%, the firm
A. is just indifferent between undertaking the investment and not. B. should forgo the investment. C. should undertake the investment. D. indeterminate from the given information
Which statement is true?
A. Welfare payments are set by the federal government and are the same for all states. B. Only the industrial states of the northeast, Midwest, and the far west have welfare programs. C. Most people receiving welfare benefits are black. D. Each state sets its own welfare payments.