If the dollar depreciates, it can be said that
a. foreign countries no longer respect the United States.
b. it falls in value within the United States.
c. it takes fewer dollars to buy foreign currencies.
d. other currencies appreciate.
d
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In the economic way of thinking, a tropical rainforest is a scarce good. Thus,
A) there is no substitute for a tropical rain forest. B) there is a substitute for a tropical rain forest. C) tropical rains forests should be preserved at any cost. D) tropical rain forests can be preserved at no cost. E) economists don't like tropical rainforests.
A moderate rate of inflation is considered helpful if it: a. makes wages in labor markets rigid
b. stabilizes the interest rate. c. decreases the rate of growth in investments. d. makes wages in labor markets flexible.
What roles do central banks play in an economy?
A) Central banks are government depositories. B) Central banks lobby for regulation on behalf of the banking industry. C) Central banks monitor fiscal agents in the economy. D) none of the above
An industry's market structure refers to
A. Whether the market is a product market or a resource market. B. What types of products are produced in that industry. C. How much firms spend on advertising. D. The number and size of the firms in the industry.