An increase in the wage rate lowers the opportunity cost of leisure and induces people to enjoy more leisure
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If the exchange rate falls, then the expected profit from holding the currency
A) does not change. B) increases. C) decreases. D) can either increase or decrease.
Economics
The financial sector of an economy includes which of the following components?
A) strengthening payment systems and regulatory agencies B) strengthening financial sector institutions C) attracting global capital and domestic savings D) both A and B
Economics