When the exchange rate between the U.S. dollar and the euro changes from 1.07 euros per dollar to 0.93 euros per dollar, then the
A) U.S. dollar has depreciated against the dollar.
B) U.S. dollar has depreciated against the euro.
C) euro has depreciated against the dollar.
D) U.S. dollar has appreciated against the euro.
E) euro has depreciated against the euro.
B
Economics
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To say that government intervenes in the economy to promote equality is to say that government is aiming to
a. create a more fair distribution of income. b. change the ingredients that are used to "bake" the economic pie. c. enlarge the economic pie. d. All of the above are correct.
Economics
Soozie's Smoothies employs ten workers. Each worker works eight hours per day. The ten workers are able to make 240 smoothies per day. The labor productivity is therefore ________ smoothies per person/hour.
A. 0.33 B. 1.5 C. 3 D. 5
Economics