When a country suffers from capital flight, the exchange rate
a. depreciates, because demand in the market for foreign-currency exchange shifts left.
b. depreciates, because supply in the market for foreign-currency exchange shifts right.
c. appreciates, because demand in the market for foreign-currency exchange shifts right.
d. appreciates, because supply in the market for foreign-currency exchange shifts left.
b
You might also like to view...
Collusion is
A) legal under U.S. antitrust laws if the intent is to increase competition. B) necessary for firms to raise money by borrowing from investors or from banks in order to fund research and development required to develop new products. C) an agreement among firms to charge the same price or otherwise not to compete. D) common among monopoly firms.
Examples of incentive pay include
a. allowing employees a certain number of personal days b. royalties to textbook authors c. cleaning the worksite with weekly janitorial service d. offering a certain number of sick days
A series of ascending indifference curves is called
a. a demand curve b. a budget constraint c. an indifference map d. marginal-utility-to-price ratio curves e. consumer surplus
In 2013, the income share of the lowest quintile was
A. 3 percent. B. 20 percent C. 90 percent D. 47 percent.