If a country raises its budget deficit, then in the market for foreign-currency exchange
a. supply shifts left.
b. supply shifts right.
c. demand shifts left.
d. supply shifts right.
a
Economics
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What is inflation bias? What measures have governments taken to avoid it?
What will be an ideal response?
Economics
Tony is the owner of Tony's Taqueria. Tony is a profit-maximizing owner whose firm operates in a competitive market. An additional worker costs Tony $200 and has a marginal productivity of 40 tacos. Assuming no other variable costs, what is the marginal cost of a taco?
a. $200 b. $8 c. $5 d. There is insufficient information available to answer this question.
Economics