The following are hypothetical exchange rates: 2 euros = 1 pound; $1 = 2 pounds. We can conclude that:
A. $1 = 4 euros.
B. $1 = .5 euro.
C. 1 euro = $.50.
D. 1 euro = $2.
A. $1 = 4 euros.
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A decrease in the price of a particular good, with all other variables constant, causes
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