A __________ shift in the demand curve for a foreign currency causes the foreign currency to __________
A) rightward; appreciate
B) leftward; appreciate
C) rightward; depreciate
D) None of the above.
A
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If manager performance is easily observable then
A) profits will be maximized for the firm. B) the owner can directly reward the manager. C) the manager will attempt to manipulate the reported profit. D) the firm's stock price will go up.
Retirees are included in the Bureau of Labor Statistics' "not in the labor force" category
a. True b. False Indicate whether the statement is true or false
Figure 5-5
In Figure 5-5, if the household is spending enough of its budget to purchase 4 orders of fries and the price of an order of fries is $2, the remainder of the budget available for hamburgers is
a.
$10.
b.
$12.
c.
$16.
d.
$20.
Which of the following was true of countries willing to join the euro?
A. The countries had to maintain a debt to GDP ratio of more than 60 percent. B. The countries had to maintain bank balances in their home currencies. C. The countries had to lose the eligibility to participate in foreign trade. D. The countries had to give up the ability to use monetary policy as individual countries.