If interest rates rise, what will happen to the nation's exchange rate?

What will be an ideal response?

It will appreciate.

Economics

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The slope of the consumption function is equal to: a. the MPC

b. the MPS. c. 1/(1 - MPC). d. MPC - MPS.

Economics

A natural monopoly occurs because of

A. The existence of economies of scale. B. High marginal costs. C. Legal restrictions preventing entry into the industry. D. Low fixed costs.

Economics