Currency devaluation ______export producers because_______
a. Helps; exports are more expensive
b. Hurts; exports are more expensive
c. Helps; exports are less expensive
d. Hurts; exports are less expensive
c
Economics
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Refer to the above table. If the price of the product is $1.50, what is the marginal revenue product of the 12th worker?
A) $1035 B) $135 C) $90 D) $1.50
Economics
An increase in the value of the dollar in international exchange rate markets will cause the relative price of U.S. produced goods to foreigners to rise, the relative price of foreign produced goods to Americans to fall, causing U.S. exports to fall and U.S. imports to rise
a. True b. False Indicate whether the statement is true or false
Economics