Suppose a hefty rise in the demand for Mexican pesos create a chronic shortage of this currency in the foreign exchange market. Which of the following steps should be adopted by the Mexican government to eliminate this shortage?
a. The government should impose a ban on Mexican exports.
b. The government should devalue the peso.
c. The government should print more pesos to increase its supply.
d. The government should allow the peso to appreciate.
e. The government should allow the peso to depreciate.
d
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If information about the total cost is not given for every possible 1 unit change in quantity, marginal cost can still be computed as
a. the price of labor divided by the quantity of labor. b. the price of labor divided by the marginal product of labor. c. fixed cost divided by the marginal product of labor. d. variable cost divided by the marginal product of labor.
The organization that releases the official unemployment data in the United States is the Bureau of Labor Statistics
Indicate whether the statement is true or false
The nominal interest rate will be less than the real interest rate when
A) the rate of inflation is negative. B) the real interest rate is negative. C) the rate of inflation is positive and increasing. D) the rate of inflation is positive but decreasing.
What are the major risks facing multinational corporations?
What will be an ideal response?