If inflation in the United States rises relative to the inflation rate in Mexico, the dollar will __________ in terms of the peso and the peso will __________ in terms of the dollar
A) remain unaffected; appreciate
B) remain unaffected; depreciate
C) depreciate; remain unaffected
D) depreciate; appreciate
E) remain unaffected; remain unaffected
D
Economics
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"Countries are poor because they cannot afford to save and invest" is called the:
a. vicious circle of poverty. b. savings-investment trap. c. LDC trap. d. cycle of insufficient credit.
Economics
What will happen in the market for shotgun-shell ammunition now if buyers expect higher shotgun-shell prices in the near future?
a. The demand for shotgun-shell ammunition will increase. b. The demand for shotgun-shell ammunition will decrease. c. The demand for shotgun-shell ammunition will be unaffected. d. The supply of shotgun-shell ammunition will increase.
Economics