As a currency depreciates:
A) exports increase and imports decrease.
B) exports decrease and imports increase.
C) exports increase and imports increase.
D) exports decrease and imports decrease.
A
Economics
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If a bond was to pay off one year from now for $321 and the interest rate is 7 percent, what is the price of the bond?
A) $147 B) $279 C) $300 D) $342
Economics
Which of the following statements regarding a marginal-cost pricing rule for a natural monopoly is WRONG?
A) It maximizes total surplus in a regulated industry. B) The firm produces the efficient quantity. C) The firm's price equals its marginal cost. D) The firm makes an economic profit.
Economics