Suppose that the nominal exchange rate between the U.S. dollar and the Canadian dollar is 0.75 U.S. dollars per Canadian dollar. If Canada's rate of inflation is 0 percent and the U.S. rate is 10 percent, then the real exchange rate for the U.S. dollar will
A) appreciate by about 9 percent.
B) appreciate by 10 percent.
C) depreciate by about 9 percent.
D) depreciate by 10 percent.
A
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Which of the following would shift the investment demand curve leftward?
a. Lower operating costs for capital goods b. Higher business taxes on capital goods c. Higher expected rates of return on investment in capital goods d. Lower maintenance costs for capital goods
The combination of goods and services Mexico's citizens might feasibly consume are called Mexico's
A. total consumption. B. consumption possibilities. C. total production. D. production possibilities.
How much is the concentration ratio in the fast food industry if MacDonald's has 18% of the sales; Burger King, 12%; Wendy's, 10%; Roy Rogers, 8%; White Castle, 6%; Bob's Big Boy, 4%; and four others tie with 3%?
What will be an ideal response?
Many beach-goers leave plastic bottles on beaches instead of putting them in trash cans. This is an example of a
A) public good. B) positive externality. C) neutral externality. D) negative externality.