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When the Dollar Depreciates, the Prices of Imported Inputs Rise

question 178

True/False

When the dollar depreciates, the prices of imported inputs rise and the U.S.aggregate supply curve, therefore, shifts inward, pushing up the prices of American-made goods and services.

Relate productivity of labor to complementary factors and motivation.
Differentiate between output and substitution effects in employment due to technological changes.
Comprehend the relationship between marginal revenue product (MRP) and the decision to employ additional resources.
Identify the relationship between the demand for goods and services (final demand) and the demand for resources (derived demand).

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