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managers and macroeconomics conditions

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Provide an example of how efficient managers, as microeconomic market participants, must often respond to changes in macroeconomic market conditions, domestic and foreign.

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Provide an example of how efficient managers, as microeconomic market participants, must often respond to changes in macroeconomic market conditions, domestic and foreign.

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Say for example that the price of the Canadian dollar increases and as a result it is, for the first time in over a decade, pretty much at par with the US dollar. That said, the price of books and magazines in Canada has always been higher than in the US because the US dollar used to be stronger. The managers of bookstores have no real ...

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