The increase in the availability of ATMs has caused the cost of acquiring currency to ________ which will cause the currency ratio to ________, everything else held constant

With fixed exchange rates, a country

A) cannot conduct independent monetary policy. B) can conduct independent monetary policy. C) cannot conduct independent fiscal policy. D) Both A and C.

As the quantity of labor increases, the marginal product of capital

A) is constant. B) increases. C) decreases. D) may either increase or decrease.