Which of the following statements is correct?
A. The demand for capital is derived from the demands for outputs.
B. The demands for output are derived from the demand for capital.
C. The demand for capital is derived from the demand for rent.
D. The demand for rent is derived from the demand for capital.
Answer: A
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If the 2005 inflation rate in Canada is 4 percent, and the inflation rate in Mexico is 2 percent, then the theory of purchasing power parity predicts that, during 2005, the value of the Canadian dollar in terms of Mexican pesos will
A) rise by 6 percent. B) rise by 2 percent. C) fall by 6 percent. D) fall by 2 percent.
Between 1866 and 1914, statistical evidence suggests that many big businesses depended heavily on U.S. protectionist policies
Indicate whether the statement is true or false