The opportunity cost of current consumption is:
A) nominal wage rate. B) the inflation rate.
C) real wage rate. D) the real interest rate.
D
Economics
You might also like to view...
If a person has an absolute advantage in some activity, she must have a comparative advantage in that activity as well
Indicate whether the statement is true or false
Economics
The Mexican demand for American goods leads to
A) the demand for Mexican pesos and the supply of U.S. dollars on the foreign exchange market. B) the demand for U.S. dollars and the demand for Mexican pesos on the foreign exchange market. C) the demand for U.S. dollars and the supply of Mexican pesos on the foreign exchange market. D) the demand for U.S. dollars and the supply of U.S. dollars on the foreign exchange market.
Economics