If the dollar appreciates against the peso it means that U.S. goods become more expensive in Mexico
Indicate whether the statement is true or false
TRUE
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Economists often analyze the interaction of individuals and firms in markets
Economists also examine the actions of individuals and firms as they attempt to use government to make themselves better off at the expense of others, a process that is referred to as A) the public choice initiative. B) rent seeking. C) logrolling. D) government failure.
If Sam's opportunity cost of a sweater is $37, which of the following prices would he have to observe in the market in order to sell a sweater?
A. $37 B. $37.01 C. $50 D. Sam would sell a sweater at any of these prices.
What are the three functions of money?
Frictional unemployment is often the result of changes in the demand for labor among different firms
a. True b. False Indicate whether the statement is true or false