The exchange rate is the price measured in one country's currency of buying one unit of another country's currency

Indicate whether the statement is true or false


true

Economics

You might also like to view...

An economic expansion leads to ________ needs-tested spending and ________ induced taxes

A) higher; lower B) lower; higher C) higher; higher D) lower; lower E) lower; no change in

Economics

Total expenditures as discussed by Gordon are

A) C + I + G + M. B) C + S + T + X. C) C + I + S + X. D) C + I + G + X - M.

Economics

Which of the following would be the least likely to increase total factor productivity?

A) private investment in research and development B) increases in human capital C) the establishment of strong property rights D) increases in the population growth rate

Economics

If real wages fall as output rises, then in the classical model it must be the case that

a. labor demand rose. b. labor demand fell. c. labor supply rose. d. labor supply fell. e. none of the above.

Economics