If a country's currency appreciates, then its exports will cost ________ abroad and its imports will cost ________ domestically
A) less; less
B) less; more
C) more; less
D) more; more
C
Economics
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A rational person maximizes
A) risk. B) return. C) expected utility. D) return variance.
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National saving
a. is the total income in the economy that remains after paying for consumption. b. is the total income in the economy that remains after paying for consumption and government purchases. c. is always greater than investment for a closed economy. d. is equal to private saving minus public saving.
Economics