If the U.S. demand for German goods increases, then
A. the U.S. current account deficit with Germany will improve.
B. Germany will experience currency devaluation.
C. the euro will appreciate in value against the U.S. dollar.
D. the euro will depreciate in value against the U.S. dollar.
C. the euro will appreciate in value against the U.S. dollar.
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The largest asset item for most banks is: a. cash
b. bonds. c. loans. d. federal cash reserves.
In the demand and supply analysis of ___________ markets, the “price” is the rate of return or the interest rate received.
a. financial b. retail c. industrial d. agricultural
If Wisconsin cheddar cheese sells for $3.00 per pound in the United States and for 27.90 pesos in Mexico, what is the exchange rate between the dollar and the peso (assuming PPP holds)?
a. $1 = 2.79 pesos b. $1 = 7.90 pesos c. $1 = 9.30 pesos d. $1 = 27.90 pesos
During Thanksgiving you participated in a pumpkin-pie eating contest. You really enjoyed the first two pies, the third one was okay, but as soon as you ate the fourth one you became ill and lost the contest. Your total utility ________ with the first three pies you ate.
A. first increased than decreased B. decreased C. stayed the same D. increased