A decrease in the price of peanut butter will cause a leftward shift of the supply curve of peanut butter

a. True
b. False

B

Economics

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The price of one currency in terms of another is the

A) price of gold. B) price of a SDR. C) foreign exchange rate. D) price of foreign stock.

Economics

An example of cyclical unemployment is a(n):

a. textile worker permanently laid off due to job lost to imports. b. autoworker who is temporarily laid off due to a decline in demand for cars. c. engineer permanently laid off due to advances in technology. d. computer programmer who leaves one job and accepts a new job.

Economics