28 The depreciation of currency will: Have no impact on a country\'s comparative

28. Improve a country's comparative advantage. 29 The effect of an increase in federal spending on the unemployment rate

ID: 1193227 • Letter: 2

Question

The depreciation of currency will:

Have no impact on a country's comparative advantage.

Balance a trade surplus.

Worsen a country's comparative advantage.

Improve a country's comparative advantage.

Which of the following topics is best characterized as a macroeconomic issue?

The decision by Apple to produce fewer Macintosh computers

The effect of an increase in federal spending on the unemployment rate

The effect of a drought on the price of corn

The choice a student makes in selecting college course

28.

Improve a country's comparative advantage.

The effect of an increase in federal spending on the unemployment rate

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