According to the World Bank, low-income economies are heavily concentrated in:
a. Europe and Africa.
b. Europe and Asia.
c. Asia and Africa.
d. Asia and Australia.
e. North America and Australia.
c
Economics
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If the U.S. dollar depreciates in the foreign exchange market, American exports will be __________ and American imports will be __________
a. more expensive; more expensive b. cheaper; cheaper c. less expensive; less expensive d. less expensive; more expensive e. there will be no change
Economics
The short-term interest rate is determined in the:
A. stock market. B. money market. C. loanable funds market. D. exchange rate market.
Economics