Assume that Brazil and Mexico have floating exchange rates. Other things unchanged, if the price level is stable in Mexico, but Brazil experiences rapid inflation,

A) gold bullion will flow into Brazil.
B) the Brazilian real will depreciate.
C) the Mexican peso will depreciate.
D) the Brazilian real will appreciate.

In Scenario 16-1, Ron's Rifles decides to use the tolerance range of six sigma. This means there will be ______ defects per ______.

A) 2.5; 1,000
B) 6; 1,000
C) 3.4; 1,000,000
D) 4.5; 1,000,000

For a given short-run Phillips curve, if expected inflation is 8% but actual inflation is 10%, is the unemployment rate above or below its natural rate?

Real options are options to buy real assets,such as stocks,rather than interest-bearing assets,such as bonds.