A depreciation is:
A. a decrease in the value of currency.
B. a decrease in the trade deficit.
C. an increase in the trade surplus.
D. an increase in the value of currency.
Answer: A
Economics
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How does the Current Population Survey determine if a person should be counted in the labor force?
What will be an ideal response?
Economics
Marti is an economic adviser for a country that is using this production possibilities curve. She decides she would like to see the production possibilities curve move to point N. How can this be done?
a. Use all facilities currently available.
b. Hire everyone who is unemployed.
c. Make sure everyone is doing what they do best.
d. Invent a new, more advanced production method.
Economics