What are the five economic activities?
(A) Producing, exchanging, consuming, saving, and investing.
(B) Developing, exchanging, purchasing, saving, and investing.
(C) Manufacturing, trading, consuming, saving, and investing.
(D) Farming, trading, purchasing, saving, and investing.
Ans: (A) Producing, exchanging, consuming, saving, and investing.
Economics
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Referring to Figure 19.1, the peso is likely to depreciate if the exchange rate is either ________ or ________ pesos to the dollar
A) 10; 11 B) 11; 12 C) 12; 13 D) 13; 14
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Government can deal with externalities through the use of taxes and subsidies.
Answer the following statement true (T) or false (F)
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