This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An appreciation is A) a decrease in the trade deficit. B) a decrease in the value of currency. ... (Read 55 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
An appreciation is
 
  A) a decrease in the trade deficit. B) a decrease in the value of currency.
  C) an increase in the trade surplus. D) an increase in the value of currency.

Question 2

A country produces only apples and bananas. Moving from point A to point B along its production possibilities frontier, 5 apples are forgone and 4 bananas are gained. What is the opportunity cost of a banana?
 
  A) 1 banana
  B) 5/4 of an apple
  C) 4 apples
  D) 4/5 of an apple
  E) None of the above answers is correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


casperchen82

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Thank you :)


janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
Central Nervous System Stimulants and Drugs for Attention Deficit/Hyperactivity Disorder and ... Central Nervous System Stimulants and Drugs for Attention Deficit/Hyperactivity Disorder and ...
Global Links: African Slave Trade Global Links: African Slave Trade
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
ATP, an important energy currency in cells ATP, an important energy currency in cells
Video: Ciliate conjugation Animation

For a complete list of videos, visit our video library