A market exchange rate which has been adjusted for inflation is called a
A) nominal exchange rate. B) foreign market price index.
C) real exchange rate. D) domestic exchange factor.
C
Economics
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Which of the following is likely to shift the demand curve for workers in rice farms to the right, assuming all else equal?
A) A decrease in the price of rice B) An increase in the price of rice C) An increase in the wage rate D) A decrease in the wage rate
Economics
Suppose that the government signs a international treaty that cuts the amount of carbon emitted into the atmosphere by 50 %. In the market for pollution permits, the
A. supply of permits will increase. B. supply of permits will decrease. C. demand for permits will increase. D. demand for permits will decrease.
Economics