If the exchange rate between the United States and Portugal changes from $1 = 1 euro to $1 = 2 euros, then holding everything else constant, the price of U.S. goods in Portugal will decrease.
Answer the following statement true (T) or false (F)
False
Economics
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Refer to the graph shown. 
The Lorenz curve showing the most income inequality is
A. A. B. B. C. C. D. D.
Economics
The principle that the cost of something is equal to what is sacrificed to get it is known as the:
A. marginal principle. B. principle of opportunity cost. C. principle of diminishing returns. D. reality principle.
Economics
The majority of minimum wage workers are
A. middle aged. B. trying to support a family. C. young people who are not supporting families. D. older workers who are retired.
Economics
If a person is going to borrow $30,000 for a car and pay it off in monthly payments of $637.41 for 5 years, the internal rate of return is
A. 10%. B. 15%. C. 0%. D. 5%.
Economics