Currency devaluations help suppliers because they make exports ________ expensive
a. Less
b. More
c. All of the above
d. None of the above
a
Economics
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Government bond:
What will be an ideal response?
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Why is private ownership an important source of economic prosperity?
What will be an ideal response?
Economics
Diminishing marginal product describes the situation where ______.
a. the minimum change in output per hour has been reached b. as a variable input increases, additions to output decline c. average cost savings per unit of output per hour are zero d. the marginal product curve crosses below zero
Economics
A perfectly elastic supply curve is expressed graphically as a(n):
A. downward sloping line or curve. B. upward sloping line or curve. C. vertical line. D. horizontal line.
Economics