Currently the NAFTA nations do not meet the conditions for an optimal currency area. What are the two main reasons why?
What will be an ideal response?
Historically Mexico's business cycle has not been correlated with the cycles in the United States and Canada; labor mobility is limited.
You might also like to view...
The question "Should economics majors or sociology majors earn more after they graduate?" is an example of a ________ question
A) what B) how C) for whom D) where E) why
If we were the only two people in the world and I like bananas while you hate them, efficiency demands that I get all bananas.
Answer the following statement true (T) or false (F)
Leisure time
A) is less valuable to us than the wage we earn for working. B) has steadily decreased over the years. C) is not valued as part of GDP. D) is not an economic good. E) is included in GDP and has become an increasingly large part of GDP.
What are the implications of the quantity theory of money for monetary policy and price stability?
What will be an ideal response?