Appreciation of the British pound will
A. make Britain's exports less expensive and her imports more expensive.
B. make Britain's exports more expensive and her imports less expensive.
C. make Britain's exports and imports both more expensive.
D. make Britain's exports and imports both less expensive.
B. make Britain's exports more expensive and her imports less expensive.
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According to published data pertaining to unemployment rates in selected European countries, the natural rate of unemployment
a. has been rising over the past three decades. b. declined sharply over the last three decades. c. has been lower than in the U.S. in the 1990s. d. has not changed much over the past three decades. e. Both a and c
Arrow suggests that any social choice process should be applicable to any set of preferences for individuals -- because we can't be sure individual preferences are always rational.
Answer the following statement true (T) or false (F)