What does the supply curve for Mexican pesos tell us?
a. The number of pesos people will want to sell at each different exchange rate
b. The number of pesos people will want to sell at each level of output
c. The number of pesos people will want to buy at each different exchange rate
d. The number of pesos people will want to buy in each different time period
e. The number of pesos people will want to sell at each different interest rate.
A
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If the fixed costs can be ignored, a relatively good approximation of the correct transfer price is
a. average costs b. average fixed costs c. average variable costs d. the market price
Now that Social Security payments are indexed the:
A. nominal value is adjusted to maintain a constant real value. B. real value is adjusted to maintain a constant nominal value. C. payments are adjusted so retirees can buy more with their payments over time. D. payments are not adjusted enough, so retirees can buy less with their payments over time.