Refer to Table 29-3. Given the following exchange rates in the above table, what are the exchange rates stated as U.S. dollars per Danish krone and U.S. dollars per EU euro respectively?

A) 2.00 dollars per krone and 7.14 dollars per euro B) 0.02 dollars per krone and 0.70 dollars per euro
C) 0.20 dollars per krone and 1.43 dollars per euro D) 0.05 dollars per krone and 1.30 dollars per euro

C

Economics

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At the best affordable point, consumers equate their marginal rates of substitution to

A) their money income. B) their real income. C) relative prices. D) relative quantities.

Economics

In the expression Pr(deny = 1| P/I Ratio, black) = ?(-2.26 + 2.74P/I ratio + 0.71black), the effect of increasing the P/I ratio from 0.3 to 0.4 for a white person

A) is 0.274 percentage points. B) is 6.1 percentage points. C) should not be interpreted without knowledge of the regression R2. D) is 2.74 percentage points.

Economics