Mexican imports of U.S. goods:

A. create a supply of pesos.
B. create a supply of dollars.
C. reduce the demand for dollars.
D. have no effect on the peso-dollar exchange rate.

A. create a supply of pesos.

Economics

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If the nature of production is such that adjustments take longer, then supply is likely to be _____________

Fill in the blank(s) with the appropriate word(s).

Economics

The quantity theory of money can be written as

A. M/V = PY. B. MP = VP. C. MV = PY. D. MV = P/Y.

Economics