If there is an increased interest in U.S. goods by Indian consumers, which of the following will happen in the market for Indian rupees?
a. A rightward shift of the supply curve, a depreciation of the rupee, and a larger number of rupees traded
b. A rightward shift of the demand curve, a depreciation of the rupee, and a smaller number of rupees traded
c. A rightward shift of the demand curve, an appreciation of the rupee, and a larger number of rupees traded
d. A leftward shift of the demand curve, a depreciation of the rupee, and a smaller number of rupees traded
e. A leftward shift of the supply curve, an appreciation of the rupee, and a smaller number of rupees traded.
A
You might also like to view...
What weakness in the economic structures of Asian countries contributed to the severe financial crisis that Asian economies experienced in 1997?
A) Productivity: It increased rapidly and the countries were victims of their own success B) Banking regulation: Banks were excessively regulated, which reduced profits. C) Legal Framework: The system dealt unsuccessfully with companies in financial trouble D) Natural Resources: Countries' lack of natural resources and failure to explore developing industries accumulated and led to the crisis. E) High Taxes: High rates of taxation resulted in a reliance on imports.
Third parties do not elect large numbers of candidates in democratic countries with majority rule elections
a. True b. False
The spot market is:
a. Another term for an over-the-counter-exchange. b. The market for current delivery. c. The market for delivery in the future. d. The market for current deliveries but future payments.
Assume the short-run average total cost for a perfectly competitive industry remains constant as the output of the industry expands. In the long run, the industry supply curve will:
a. have a positive slope. b. have a negative slope. c. be perfectly horizontal. d. be perfectly vertical.