If the dollar appreciates in the foreign exchange market:
A. net exports will increase.
B. net exports will decrease.
C. net exports will be unaffected.
D. It is impossible to say how net exports will be affected without knowing how net capital outflow is affected.
B. net exports will decrease.
Economics
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Our rate of productivity growth in the 1990s was _____ compared to the rate of our productivity growth during the 1970s.
Fill in the blank(s) with the appropriate word(s).
Economics
Economic rent serves
A. no useful function in a modern economy. B. an allocative function by guiding available supplies to the most efficient use. C. a descriptive function by making some wealthier than others, but serves no allocative function. D. only to make the rich richer and the poor poorer.
Economics