In the market for Canadian dollars measured in US dollars, if the price of a US dollar is 1.10 Canadian dollars, a Canadian dollar is
a. 1.10 US dollars
b. 1 US dollar
c. 0.91 cents US
d. 0.99 cents US
c
Economics
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A) low prices. B) firms to form public enterprises. C) research and development on new products. D) competition.
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If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is:
a. 2. b. 5. c. 8. d. 10.
Economics
Stock prices often fail to correctly reflect complete information about a company in the long run
a. True b. False Indicate whether the statement is true or false
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Bankers have a reputation for conservatism in politics, dress, and business affairs. Is there an economic rationale for this conservatism? Explain.
What will be an ideal response?
Economics