If the US dollar appreciates in the FOREX, US imports and exports are most likely to change in which of the following ways imports; exports
a increase; remain unchanged
b. increase; increase
c. increase; decrease
d. decrease; remain unchanged
e. decrease; decrease
Ans: c. increase; decrease
Economics
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Assuming wages are indexed to inflation, if prices rose by 1.4 percent this month and your last month's wage was $1,000, your wage this month would be $1,014
a. True b. False Indicate whether the statement is true or false
Economics
Other things equal, a reduction in personal and business taxes can be expected to:
A. increase aggregate demand and decrease aggregate supply. B. increase both aggregate demand and aggregate supply. C. decrease both aggregate demand and aggregate supply. D. decrease aggregate demand and increase aggregate supply.
Economics