That is only true if part of the final product is imported. Since this is about Florida OJ using Florida oranges, it should lead to a decrease in price. Alas, capitalism will not let that happen
if the effort involved in production stays the same and the currency depreciates, it would make sense for wages to go up. since they won’t, the value of the product decreases. but since the currency has, again, depreciated, the dollar value of the product stays the same.
That is only true if part of the final product is imported. Since this is about Florida OJ using Florida oranges, it should lead to a decrease in price. Alas, capitalism will not let that happen
if the effort involved in production stays the same and the currency depreciates, it would make sense for wages to go up. since they won’t, the value of the product decreases. but since the currency has, again, depreciated, the dollar value of the product stays the same.
i think. i know nothing about economics.
Economists know nothing about economics. It’s not a real science.
it’s a 200 million body problem, where it gets impossible after 3.
well it is, but that science is chaos theory and they don’t have any expertise in that area.