The core-theory relied upon most to answer questions with regard to unfunded liabilities is

All else being equal, if the rate of growth in productivity in Spain is greater than the rate of growth in productivity in the United States, the euro

A) will decrease in value relative the U.S. dollar. B) will nominally depreciate against the dollar, but its real value relative to the dollar will remain unchanged. C) will increase in value relative to the U.S. dollar. D) will nominally appreciate against the dollar, but its real value relative to the dollar will remain unchanged.

The PPF between goods X and Y will be a downward-sloping

What will be an ideal response?