When the dollar price of the euro increases, there has been a(n):
A. Appreciation of the dollar relative to the euro
B. Depreciation of the dollar relative to the euro
C. Depreciation of the euro relative to the dollar
D. Decrease in incomes in the United States
B. Depreciation of the dollar relative to the euro
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Which one of the following persons would be considered unemployed?
a. A person not working who has given up searching for a job. b. A part-time worker looking for a full-time job. c. A construction worker who was laid off due to cold weather. d. A full-time college student who is not a member of the labor force.
The allocation of resources is efficient under an idealized free market system.
Answer the following statement true (T) or false (F)
Checkable deposits are money because they are:
a. Acceptable as payment b. Fiat money c. Token money d. Legal tender
Decades of research around the world suggest a link in the _____
Fill in the blank(s) with the appropriate word(s).