If the U.S. dollar depreciates, then U.S. exports become ____ expensive to foreigners and foreign goods become ____ expensive to U.S. citizens

a. less; less
b. less; more
c. more; less
d. more; more

B

Economics

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_____________ Capital Markets Small homogeneous units (shares) of ownership in assets trade in public exchanges Many buyers and sellers Price quotes available for all to see Characterized by a high degree of liquidity Informationally efficient

Fill in the blank(s) with the appropriate word(s).

Economics

If last year's price level was 100 and this year's price level is 114, over the year the inflation rate has been

A) 14 percent. B) 114 percent. C) 12 percent D) 100 percent.

Economics