If a basket of goods costs $100 in the United States and 300 pesos in Mexico, and if the exchange rate is $1 = 5 pesos, then the dollar price of the basket of goods in Mexico is:

The richest 10 percent of U.S. houses hold more than two-thirds of all wealth. The problem with this statement is that

A) it does not consider an individual's current income. B) it does not consider private and public pension plans. C) it is based entirely on nonhuman wealth. D) it is based entirely on human wealth.

As a patent in a the pharmaceutical industry expires, the market for these drugs

a. Can now be categorized as a competitive market b. Can now be categorized as a monopolistic market c. Was and is still a monopolistic market d. Was and is still a competitive market