All of the following would cause exports to decline, except:
a. a depreciation of the domestic currency.
b. a decline in foreign income.
c. stricter government regulations on international trade.
d. a decline in foreign preferences for domestic goods.
e. foreign import quotas on domestic products.
a
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Why are U.S. government securities referred to as a bank's secondary reserves?
A) Their current market value may count toward meeting a bank's legal reserve requirements. B) They are very liquid. C) Banks are legally required to hold a certain minimum amount of these securities. D) They are the same thing as vault cash.
Today, people changed their expectations about the future. This change a. can cause a movement along a demand curve
b. can affect future demand but not today's demand. c. can affect today's demand. d. cannot affect either today's demand or future demand.
If this firm were a perfect competitor, at what output would it produce in the long run?
A. 50 units
B. 60 units
C. 70 units
D. 75 units
Are economic growth and progress synonymous? How might they differ?
Please provide the best answer for the statement.