If New Yorkers decrease their purchases of French champagne, assuming all else remains constant, this will ________ of the United States

The more education that workers have, the ________ is their human capital and the ________ is their productivity

A) larger; higher B) larger; smaller C) smaller; higher D) smaller; smaller

According to the purchasing power parity, if the price level in the US rises relative to Mexico

a. The dollar will appreciate relative to the peso b. The dollar will depreciate relative to the peso c. There is no effect on either currency d. None of the above