If inflation in the United States rises relative to the inflation rate in Mexico, the dollar will __________ in terms of the peso and the peso will __________ in terms of the dollar
A) remain unaffected; appreciate
B) remain unaffected; depreciate
C) depreciate; remain unaffected
D) depreciate; appreciate
E) remain unaffected; remain unaffected
D
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For a linear and upward sloping supply curve, when the consumer has to pay a positive price for the good, the variable cost to the consumer is a
A. four-sided figure that is a rectangle on the bottom and a right triangle on the top whose hypotenuse is the demand curve. B. four-sided figure that is a rectangle on the bottom and a right triangle on the top whose hypotenuse is the supply curve. C. rectangle. D. triangle.
The productivity of workers can depend upon which of the following?
A. Number of businesses established B. population growth C. Physical capital D. All of these are determinants of productivity.
The federal funds rate is the rate banks charge one another for overnight loans.
Answer the following statement true (T) or false (F)
In calculating the current yield for a bond the:
A. coupon payment is ignored. B. present value of the capital gain/loss is ignored. C. present value of the coupon payments is the only important consideration. D. present value of the final payment is the only important consideration.