When the U.S. dollar appreciates
A) foreign residents demand more of U.S. goods, and U.S. residents desire to purchase more foreign goods.
B) foreign residents demand more of U.S. goods, and U.S. residents desire to purchase fewer foreign goods.
C) foreign residents demand fewer of U.S. goods, and U.S. residents desire to purchase more foreign goods.
D) foreign residents demand fewer of U.S. goods, and U.S. residents desire to purchase fewer foreign goods.
C
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In a pure coordination game, as long as the players coordinate on an outcome, it does not matter what that outcome is
Indicate whether the statement is true or false
The higher the real interest rate, the ________ investment projects firms can profitably undertake, and the ________ the quantity of loanable funds they will demand
A) more; smaller B) more; greater C) fewer; greater D) fewer; smaller
For all firm types price equals marginal revenue, and for competitive firms price equals average revenue
a. true b. false
If minimum wage is set below equilibrium wage rate, no effect.
What will be an ideal response?