Assuming a fixed exchange rate, a decrease in U.S. prices relative to European prices will:
a. decrease European exports to the United States.
b. increase U.S. imports from Europe.
c. decrease aggregate spending in the U.S.
d. not affect U.S. exports or imports.
e. raise the purchasing power of U.S. consumers.
Question 2
A good economic theory:
a. includes every detail that affects the economic behavior of interest.
b. relies on simplifying assumptions in order to explain economic behavior.
c. does not rely on simplifying assumptions.
d. is impossible to achieve because of the difficulty of conducting controlled experiments.
Changes in metabolic rate of selected structures in a mammal's body during different activities
The salt marsh grass Spartina anglica originated on the coast of England as a hybrid of European and
Indicators of Relative Economic Well-Being
Oil supply and prices affect the economies of nations
Excessive video gaming decrease social and physical development in a child
A 2-kg box of taffy candy has 40 J of potential energy relative to the ground. Its height above ...