Refer to Figure 19-3. At what level should the Thai government peg its currency to the dollar to make Thai exports cheaper to the United States?
A) less than $.03/baht B) equal to $.03/baht
C) greater than $.03/baht D) $1/baht
A
You might also like to view...
As a result of the relatively low female-to-male wage ratio in early-1800s New England,
a. the supply of women willing to work in factories increased. b. the supply of women willing to work in farming declined. c. the wages of female farm labor rose. d. the North industrialized more quickly than the South. e. All of the above.
Some products of the knowledge economy
A) have an initial marginal cost that is very low and then rises. B) have no marginal costs. C) have an initial marginal cost that is very high and then falls to zero. D) none of these choices.
Which of the following taxes is most likely to reduce inequity?
A. A sales tax. B. A gasoline tax. C. A local property tax. D. The federal income tax.
Technological progress shifts the long-run aggregate supply curve to the right
a. True b. False Indicate whether the statement is true or false