Economy Quiz: less than 30 minutes 1) Which situation describes the increasing returns stage of the production function? a.Hiring one more tailor results in three more suits produced per hour. b.
1) Discuss the “currency exchange system” of Japan. Mention the current exchange rate vs. US dollars, and the difference in this exchange rate from 6
1) Discuss the “currency exchange system” of Japan. Mention the current exchange rate vs. US dollars, and the difference in this exchange rate from 6 months ago. Look into the reason(s) why the exchange rate changed and the consequences of such change. Minimum of 300 words, include related graphics and