Domestic currency appreciation will:
A) help domestic firms that export and hurt domestic firms that import.
B) hurt domestic firms that import.
C) hurt domestic firms that export and help domestic firms that import.
D) help domestic firms that export.
C
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Which of the following statements correctly characterizes farm incomes in the second half of the 19th century?
a. Real per capita income fell. b. The rate of growth in real income per worker was negative. c. Nominal per capita income fell, but real per capita income remained unchanged. d. Growth rates in per capita income were positive, but small.
If the last $5 spent on movies added 30 utils to your total satisfaction and the last $8 spent on books add 56 utils
A) you can increase your satisfaction by buying more books and seeing fewer movies. B) your total satisfaction is 86 utils. C) you can increase your satisfaction by buying fewer books and seeing more movies. D) you can increase your satisfaction by buying only books.