If the current price of an apple is twice that of last ye...
If the current price of an apple is twice that of last year, it implies that the value of money is
Stable
Falling
Rising
Getting stronger
Correct answer is B
If the price of the apple was 100 in year 1, and by year 2 it increased to 200. It means the value of the money is falling. The value of money is determined by how much goods it can buy.
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An economy system that uses what is regarded as the "Market mechanism" is called_______ ...
Let capital formation = CF, Production = P, C = consumption. Then CF =_______ ...
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Which of the following items does NOT belong to a country's current account in the balance of pa...