On January 25, 2009, one U.S. dollar traded on the foreign exchange market for about 1.15 Swiss francs. Therefore, one Swiss franc would have purchased about ________ U.S. dollars

Define the aggregate production function. Discuss why the aggregate production function exhibits diminishing returns

What will be an ideal response?

Long-run growth is sustainable if:

A. it can continue in the face of limited natural resources and the impact of growth on the environment. B. people continue to buy enough goods and services. C. energy prices are low. D. environmental concerns are ignored during global recessions.