Social inequalities disappear when income inequalities are eliminated

Indicate whether the statement is true or false

F

Economics

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If today the exchange rate is 1.00 euro per dollar and tomorrow the exchange rate is 0.98 euros per dollar, then the dollar ________ and the euro ________

A) depreciated; appreciated B) appreciated; depreciated C) depreciated; did not change D) appreciated; appreciated E) depreciated; depreciated

Economics

According to the authors of your text,

A) society could continue to exist even if people were totally selfish. B) genuine concern for the well-being of others is essential if any social cooperation at all is to occur. C) anarchism, or a society without a coercive government, is the only socio-political system consistent with free markets. D) rules are necessary for government institutions, but not for market institutions.

Economics