The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Euro ________ against the U.S. dollar, the U.S. dollar ________ against the Japanese yen and the U.S

dollar ________ against the Canadian dollar A) depreciated, appreciated, appreciated
B) depreciated, depreciated, appreciated
C) appreciated, appreciated, appreciated
D) appreciated, depreciated, depreciated

A

Economics

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The above table shows production combinations on a country's production possibilities frontier. Which of the following is an example of a point that is unattainable?

A) 0 units of good X and 40 units of good Y B) 6 units of good X and 28 units of good Y C) 10 units of good X and 16 units of good Y D) 3 units of good X and 35 units of good Y

Economics

Using supply and demand analysis, which of the following is true?

A. The burden of a tax on production cannot be determined on the basis of who actually pays the tax. B. The burden of a tax on production is always split evenly between consumers and sellers. C. Consumers bear the entire burden of a per unit tax on production. D. Sellers bear the entire burden of a per unit tax on production.

Economics