Which of the following will cause a change in the exchange rate?
A) changes in real interest rates
B) changes in consumer preferences
C) changes in the perception of economic stability
D) all of the above
D
Economics
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In the above figure, what is the full-employment real wage rate and quantity of hours per year?
A) $40 and 60 billion hours per year B) $50 and 100 billion hours per year C) $35 and 100 billion hours per year D) $50 and 40 billion hours per year
Economics
If you believe that all workers should be paid the same, you believe in the
A. benefits standard. B. productivity standard. C. comparative worth principle. D. egalitarian principle.
Economics