In the open-economy macroeconomic model, if the supply of loanable funds shifts left

a. the interest rate rises and the supply of dollars in the market for foreign currency exchange shifts right.
b. the interest rate rises and the supply of dollars in the market for foreign currency exchange shifts left.
c. the interest rate falls and the demand for dollars in the market for foreign currency exchange shifts right.
d. the interest rate falls and the demand for dollars in the market for foreign currency exchange shifts left.


b

Economics

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Which of the following would be classified as an innovation?

a. Edwin H. Land perfects the single-step photographic process in 1947. b. Polaroid markets the single-step film in 1948. c. Thomas Alva Edison perfects the incandescent lamp with carbon filament in 1879. d. In 1803, Robert Fulton constructs his first small steamboat in Paris.

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