If the exchange rate between the United States and India changes from $1 = 60 rupees to $1 = 10 rupees, ceteris paribus
A. the trade deficit in the United States increases.
B. the United States imports from India increase.
C. the United States exports to India increase.
D. Indian exports to the United States increase.
Answer: C
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A) marginal cost. B) economic profit. C) deadweight loss. D) taxes. E) average variable cost.
If planned investment is greater than actual investment, then aggregate expenditure is less than GDP
Indicate whether the statement is true or false
How can a bond have a negative rate of return?
A) if the current yield is greater than the coupon rate B) if the current yield is less than the coupon rate C) if the rate of capital loss exceeds the current yield D) if the rate of capital gains is less than the current yield
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A) the growth is accompanied by increasing congestion. B) leisure time is also increasing. C) the types of jobs generated feelings of alienation. D) deflation is taking place.