If one dollar buys 10 pesos, then one peso buys ten cents of a dollar
Indicate whether the statement is true or false
TRUE
Economics
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If the national incomes of our trading partners increase, then our:
A. Aggregate demand decreases because C decreases B. Aggregate demand increases because C increases C. Aggregate demand decreases because net exports decrease D. Aggregate demand increases because net exports increase
Economics
A reason that the quantity theory of money has lost favor is that:
A. the federal funds market has been taken over by the Federal Reserve bank. B. the economy recently experienced an unexpected and deep recession. C. the quantity of money is better at predicting stock prices. D. money growth and inflation are no longer closely related.
Economics