A real depreciation will tend to cause
A) a reduction in exports.
B) an increase in imports.
C) a reduction in net exports.
D) an increase in demand for domestic goods.
E) none of the above
D
You might also like to view...
Money almost always serves as the standard unit for quoting prices. This is another way of saying money serves as a: a. medium of exchange. b. store of value
c. standard of value. d. commodity itself.
Gaming refers to a situation where:
A. employees increase output to gain commissions beyond the firm's capacity. B. employees consistently understate the target levels in order to meet them. C. employers fix unachievable output and target levels. D. employees inappropriately increase output to gain commissions.
"Tax cuts, by providing incentives to work, save, and invest, will raise employment and lower the price level." This argument is made by the:
A. Keynesian economists. B. supply-side economists. C. classical economists. D. monetarists.
For the monopolistically competitive firm,
A) Price (P) = Marginal Revenue (MR) = Average Revenue (AR). B) P = MR > AR. C) P = AR > MR. D) P > MR = AR.