If the exchange rate falls, domestic goods become relatively ______ expensive. This change in the affordability of domestic goods makes domestic goods _____ attractive to domestic residents. So, _______ ______
Fill in the blank(s) with correct word
less, more, imports, fall
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The efficiency of market organization is dependent on which of the following?
a. well-regulated supply and demand b. the availability of low cost resources and high tariffs on foreign imports c. competitive markets and well-defined and enforced private property rights d. Government establishment of the invisible hand principle and the inelasticity of certain goods.
As a knowledgeable investor in 2007, you should have realized that as interest rates fell, bond prices would
A. also fall. B. rise. C. become more volatile, like stock prices. D. fall but not by as much as stock prices.
According to 2014 data on the U.S. population, which of the following groups of adults of prime working age (ages 25-54) had the highest labor-force participation rate?
a. white males b. white females c. black males d. black females
How do direct controls and specific taxes affect externalizes? Briefly explain in terms of supply and demand
Please provide the best answer for the statement.