If the Canadian dollar depreciates, holding other things constant, it makes Canadian imports
a. More expensive for Canadian customers
b. Less expensive for Canadian customers
c. Neither more or less expensive for importers
d. None of the above
a
Economics
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Suppose you have a money income of $10 all of which you spend on Coke and popcorn. In the above diagram, the prices of Coke and popcorn respectively are:
A) $.50 and $1.00. B) $1.00 and $.50. C) $1.00 and $2.00. D) $.40 and $.50.
Economics
The additional output from one more worker is known as
A) marginal revenue product. B) marginal physical product. C) marginal factor cost. D) marginal wage.
Economics