Suppose the government cuts taxes. We would expect interest rates to ________ and the dollar to ________ in foreign exchange markets
A) rise; depreciate B) fall; appreciate C) rise; appreciate D) fall; depreciate
C
Economics
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Perfect competition
A) has many sellers. B) homogenous products. C) free entry and exit. D) all of these choices.
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The demand for labor is a derived demand
a. True b. False Indicate whether the statement is true or false
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Which of the following combinations of changes in government spending and taxes in necessarily expansionary?
A) Increase/Increase B) Increase/Decrease C) Decrease/No change D) Decrease/Increase E) Decrease/Decrease
Economics
the law of comparative advantage does not apply to _____ a. entire nations.
b. natural resources. c. individuals. d. firms. e. the regions of a country.
Economics