an expansionary monetary policy will cause the dollar to...... and will....... Canadian net exports
What will be an ideal response?
depreciate; increase
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Economy A: gross investment equals depreciation Economy B: depreciation exceeds gross investment Economy C: gross investment exceeds depreciation Other things equal, the above information suggests that the production capacity in economy:
a) B is growing more rapidly than either A or C. b) A is growing more rapidly than either B or C. c) A is growing less rapidly than economy B. d) C is growing more rapidly than economy B.
Refer to the accompanying graph. If this firm is a price taker and the price of each unit of output is $15, then this firm should:
A. shut down in the short run. B. lower its output to decrease its marginal cost. C. raise its price to increase its revenue. D. produce 60 units of output.
A. lowering average total cost. B. increasing marginal utility. C. enhancing monopoly power. D. giving society a more-preferred mix of goods and services
A. lowering average total cost. B. increasing marginal utility. C. enhancing monopoly power. D. giving society a more-preferred mix of goods and services.
?Kites /hourSnowboards /hourJesse81April123
Based on the data in Table 3.1:
A. Jesse should specialize in painting kites and trade for snowboards. B. Jesse should specialize in painting snowboards and trade for kites. C. April should specialize in both goods. D. Jesse should specialize in both goods.