Canadian exports involve an:

A. outflow of foreign currencies from Canada to foreigners.
B. inflow of foreign currencies from foreigners to Canada.
C. outflow of Canadian dollars from Canada to foreigners.
D. inflow of Canadian dollars from foreigners to Canada.


Answer: D

Economics

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Demand functions are "homogeneous of degree zero in all prices and income.". This means

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Why are interest rates considered to be the opportunity cost of investments?

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The nation, as a whole, is hurt by inflation if it:

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Economics