If the price of the dollar changes from 100 Japanese yen to 120 Japanese yen, the dollar has depreciated
a. True
b. False
Indicate whether the statement is true or false
False
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What is the relationship between marginal revenue and total revenue?
A. Total revenue equals marginal revenue multiplied by quantity sold B. Total revenue equals marginal revenue minus total costs C. Total revenue equals marginal revenue plus the price of all products sold D. Total revenue equals marginal revenue plus fixed costs plus variable costs
In an environment of tournament pay, it is quite likely that marginally more productive employees will receive
a. more than their marginal revenue product, as do less productive employees. b. less than their marginal revenue product, while less productive employees receive more than theirs. c. more than their marginal revenue product, while less productive employees receive less than theirs. d. less than their marginal revenue product, as do less productive employees.
An American computer is priced at $1,200. If the exchange rate between the U.S. dollar and the Mexican peso is $0.09 = 1 peso, approximately how many pesos would a Mexican buyer pay for the computer?
A) 13,333 pesos B) 108 pesos C) 133.50 pesos D) 15,075 pesos
A decrease in the marginal propensity to save is likely to
A. Decrease physical capital investment. B. Have no effect on physical capital investment. C. Increase or decrease physical capital investment, depending on magnitude. D. Increase physical capital investment.