In the __________, the currency of a country with the higher inflation rate will __________ against the currency of a country whose inflation rate is lower

The MPC is equal to the

A) level of consumption expenditure divided by the level of total disposable income that brought it about. B) change in consumption expenditure divided by the total disposable income that brought it about. C) change in disposable income divided by the change in consumption expenditure. D) level of consumption divided by the change in disposable income that brought it about. E) change in consumption expenditure divided by the change in disposable income that brought it about.

Commandeering resources is less efficient than commandeering money

Indicate whether the statement is true or false