Which of the following best describes an outcome of a stronger exchange rate?
a. A stronger exchange rate makes it easier for exporters to sell their goods abroad while making imports cheaper, so a trade deficit (or a reduced trade surplus) results.
b. A stronger exchange rate makes it easier for exporters to sell their goods abroad while making imports cheaper, so a trade surplus (or a reduced trade deficit) results.
c. A stronger exchange rate makes it more difficult for exporters to sell their goods abroad while making imports cheaper, so a trade deficit (or a reduced trade surplus) results.
d. A stronger exchange rate makes it more difficult for exporters to sell their goods abroad while making imports cheaper, so a trade surplus (or a reduced trade deficit) results.
c. A stronger exchange rate makes it more difficult for exporters to sell their goods abroad while making imports cheaper, so a trade deficit (or a reduced trade surplus) results.
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Referring to Table 12.2, if the nominal interest rate is 3.5 percent and there is no inflation, which investments will be undertaken?
A) B, D, E B) D, E C) B, C, D, E D) C, E
Which is the main difference between perfect competition and monopolistic competition?
(A) In perfect competition, the prices are set by the government. (B) In monopolistic competition, there are fewer sellers and more buyers. (C) In monopolistic competition, sellers can profit from the differences between their products and other products. (D) In perfect competition, the buyer is free to buy from any seller he or she chooses.
Refer to Exhibit 2-1. Scarcity exists
 ANSWER 3.png)
Evaluate this statement “We should reduce federal spending on research and development today. Those federal dollars are better spent by helping the poor.”
What will be an ideal response?