Based on the quantity equation, if Y = 3,000 . P = 3, and V = 4, then M =

If the cross elasticity between tuna and chicken is –4.3, then we can conclude that these two goods are in the same market

Indicate whether the statement is true or false

Protectionism may fail to reduce a current account deficit because it

A. depreciates the dollar. B. invites retaliation, which hurts exports. C. encourages exports. D. does not reduce imports.