If a country's currency depreciates, then its exports will cost ________ abroad and its imports will cost ________ domestically
A) less; less
B) less; more
C) more; less
D) more; more
B
Economics
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In a _____, the state owns all means of production
A. mixed economy B. planned economy C. market economy D. totalitarian state
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Why is the demand curve horizontal for a perfectly competitive firm?
What will be an ideal response?
Economics
A brand name is a type of
A) cost saving. B) buyback contract. C) monopoly power. D) entry requirement for a competitive market.
Economics
Compared to short-term bonds, other things the same, long-term bonds generally have
a. more risk and so they pay higher interest rates. b. less risk and so they pay lower interest rates. c. less risk and so they pay higher interest rates. d. about the same risk and so they pay about the same interest rate.
Economics