When the euro rose relative to the dollar in the early 2000s, it:
A. discouraged European imports and exports
B. encouraged European imports and discouraged European exports.
C. encouraged European imports and exports.
D. discouraged European imports and encouraged European exports.
Answer: B
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Increases in stock market wealth have caused Americans to increase their saving rate
a. True b. False Indicate whether the statement is true or false
The U.S. federal income tax is classified as a
A. Regressive tax only. B. Regressive or flat tax, but not a progressive tax. C. Progressive tax only. D. Flat tax only.
Which of these is an example of depreciation?
(A) A worker's truck breaks down more often after 80,000 miles of driving. (B) An employer fires a worker for repeatedly arriving late to work. (C) A share of stock declines in value over several months. (D) A clothing store owner reduces the price of a belt by $10 to encourage sales.
People who buy used homes often insist on having a "home inspection" before they finalize the purchase. If the house fails the inspection the buyer has the right to refuse to buy the house unless the seller fixes whatever problems are found. Does this help or hurt the seller?
What will be an ideal response?