If the U.S. dollar depreciates, then U.S. exports become ____ expensive to foreigners and foreign goods become ____ expensive to U.S. citizens.
Fill in the blank(s) with the appropriate word(s).
less; more
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When equilibrium is present in the foreign exchange market, which of the following will tend to be in balance?
What will be an ideal response?
The highest percentage of uses of health care funds in the U.S. for 2010 was
A. research. B. hospital care. C. home health care. D. nursing home care.
Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.
Figure 23.11Refer to Figure 23.11. Equilibrium aggregate output will increase to $250 million if the
A. multiplier increases to 8. B. MPC increases to 0.8. C. MPS increases to 0.8. D. all of the above.
Natural comparative advantage comes from factor endowments.
Answer the following statement true (T) or false (F)