An increase in the real exchange rate will cause
A) an increase in net exports.
B) an increase in the quantity of imports.
C) an increase in output.
D) a decrease in government spending.
E) all of the above
B
Economics
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The first labor unions in the United States were
A) public-sector unions. B) industrial unions. C) guilds. D) craft unions.
Economics
A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25 . In the short run, the firm should
a. Shut-down as the firm is making a loss of $10,000 per week b. Shut-down as price is lower than average cost c. Continue operating as the firm is covering all the variable costs and some of the fixed costs d. Shut-down because it is cost effective to pay off the remaining fixed costs
Economics