The content of the basket of goods and services used to compute the CPI changes every month

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Last week, 13 Mexican pesos could purchase one U.S. dollar. This week, it takes 11 Mexican pesos to purchase one U.S. dollar. This change in the value of the dollar will ________ exports from the United States to Mexico and ________ U.S

aggregate demand. A) increase; decrease B) increase; increase C) decrease; increase D) decrease; decrease

Economics

The argument that trade in high-tech equipment can facilitate the implementation of advanced military technology in countries that may become strategic opponents later on is the

A) national security argument. B) infant industry argument. C) protecting domestic jobs argument. D) environmental and safety argument.

Economics