The way a society uses scarce resources to satisfy its people's unlimited wants is called an economic

Fluctuating exchange rates can alter a multinational firm's profits and losses. German company Bayer produces products in Germany and sells them in the United States

If the dollar depreciates against the euro, then Bayer's sales in the United States should ________ because it will take ________ U.S. dollars to purchase the German-made products. A) fall; more B) fall; fewer C) rise; more D) rise; fewer

The composition of demand and supply in various markets is not important to the question of inflation.

a. True b. False Indicate whether the statement is true or false