The dollar appreciates against the euro when U.S. demand for European goods increases
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
Briefly explain why the reported official unemployment rate in Spain in 1994 may have provided an over-estimate of unemployment in Spain
What will be an ideal response?
Economics
A firm uses an efficiency wage scheme to deter workers from shirking, which is detected 10% of the times. Suppose a risk-neutral worker that has a reservation wage of $500. The efficiency wage paid by this firm is $7,000. What is the industry ongoing wage?
A) $1,000 B) $5,000 C) $1,500 D) $2,000
Economics