Exchange rates in what is termed the "medium run"
a. will be altered by an economic upswing because consumers buy more goods including imports when disposable income goes up.
b. will be unaffected by economic changes in personal income or consumption spending.
c. will appreciate for a country having an economic boom when others are not.
d. All of the above are correct.
a
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When a market is in surplus, there is pressure for the price to move upward
a. True b. False Indicate whether the statement is true or false
The economic behavior of government is constrained by
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a. True b. False Indicate whether the statement is true or false