A time-series graph displays the price of copper. The slope of the line is negative for periods when the
A) price of copper is falling.
B) price of copper is rising.
C) quantity of copper is falling.
D) price of copper is low and not changing.
A
Economics
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Suppose that the exchange rate between British pounds and U.S. dollars is originally $2.50 per pound. If it then changes to $3 for 1 pound, exports of U.S. goods to Britain will tend to: a. rise
b. fall. c. stay the same. d. change in an indeterminate direction.
Economics
The trade deficit is the mirror image of required capital inflows
a. True b. False Indicate whether the statement is true or false
Economics