Like biologists and physicists, economists use the dispassionate development and testing of how the world works known as the

scientific method.

Economics

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An increasing trade deficit for Micromania will, ceteris paribus, lead to a devaluation of Micros (Micromania's currency) in world currency markets

Indicate whether the statement is true or false

Economics

If a bank has $100 million in assets and a net worth of $10 million, its debt-to-equity ratio is:

A. 10 to 1. B. 0.1 to 1. C. 9 to 1. D. 5 to 1.

Economics