Last week, 13 Mexican pesos could purchase one U.S. dollar. This week, it takes 11 Mexican pesos to purchase one U.S. dollar. This change in the value of the dollar will ________ exports from the United States to Mexico and ________ U.S.
aggregate demand.
A) increase; decrease B) increase; increase C) decrease; increase D) decrease; decrease
Question 2
If a perfectly competitive firm achieves productive efficiency then
A) it is producing at minimum efficient scale.
B) it will raise its price in order to earn an economic profit.
C) it is producing the good it sells at the lowest possible cost.
D) the price of the good it sells is equal to the benefit consumers receive from consuming the last unit of the good sold.
Mexican Hairless Dog
Louisiana Purchase
Holy Week in Spain
Baby position during the 30th week of pregnancy
Embryonic Period - 3rd week
Embryonic Period - 12th week