If the dollar to euro exchange rate moves from 1.1 to 0.9 dollars per euro, then the dollar has ________ and the euro has ________
A) appreciated; depreciated B) appreciated; appreciated
C) depreciated; depreciated D) depreciated; appreciated
A
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One result of the financial meltdown of the late 2000s was that mortgage institutions ________ and ________ were brought under direct control of the government
A) Fannie Mae; Freddie Mac B) Lehman Brothers; FDIC C) Glass Steagall; Sarbanes Oxley D) Goldman Sachs; Morgan Stanley
Critics of the "limits to growth" thesis argue that:
A. clean air and water is a luxury good and the more economically developed a country becomes the easier it will be to keep the environment clean. B. economic growth will always take the form of more of what we have now, rather than newer, better, and cleaner goods and services. C. the market is not capable of adjusting to shortages of resources. D. government action spurred by political pressure is the best way to avoid the depletion of natural resources and pollution of the environment that results from economic growth.