If the Canadian dollar depreciates, holding other things constant, it makes Canadian imports
a. More expensive for Canadian customers
b. Less expensive for Canadian customers
c. Neither more or less expensive for importers
d. None of the above
a
You might also like to view...
Refer to the table below. If the attorney reviews 53 patents, what is the expected marginal benefit of reviewing the 53rd patent?
The above table shows the quantity of patents reviewed by a firm's attorney and the corresponding probability that the firm will infringe on another firm's patent. The cost of infringement is $50,000.
A) -$20,000
B) $2,000
C) $20,000
D) -$2,000
Distinguish between a change in demand and a change in quantity demanded
What will be an ideal response?
The formula that is generally used to measure productivity is
A. goods divided by time. B. labor divided by resources. C. outputs divided by inputs. D. inputs divided by labor.
If the price level P equals 1.50, GDP is $6,000 billion, and the stock of money is $900 billion, the velocity of circulation of money is about
A. 3. B. 9. C. 5. D. 10.