The dollar appreciates against foreign currencies. This makes foreign-produced goods __________ for Americans and U.S.-produced goods __________ for foreigners. As a result, U.S. __________ fall and U.S. __________ rise
A) more expensive; cheaper; imports; exports
B) cheaper; more expensive; exports; imports
C) cheaper; more expensive; imports; exports
D) more expensive; cheaper; exports; imports
B
Economics
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"Information problematic" borrowers must usually go the __________ finance route and issue __________ securities
A) direct; traded B) direct; nontraded C) indirect; traded D) indirect; nontraded
Economics
Economists claim that measuring society's welfare as CS + PS
A) is inappropriate since ultimately everyone is a consumer. B) is valid only when the same person could be either a consumer or a producer. C) treats the gains to consumers and producers equally. D) is not commonly accepted.
Economics