If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American dollar, how many American dollars are required to buy a product that costs 2.5 Canadian dollars?
A) $1.32 B) $2.23 C) $2.75 D) $2.81
D
Economics
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A) "what" B) "how" C) "where" D) "for whom"
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An increase in a nation's population results in
A) an upward shift in the production function. B) a movement along the production function. C) a leftward shift in the labor supply curve. D) Both answers A and C are correct.
Economics