Each of the following would increase the supply of U.S. dollars, shifting the supply curve for dollars to the right, EXCEPT:
A. an appreciation of the U.S. dollar relative to other currencies.
B. an increase in U.S. real GDP.
C. an increased preference for foreign-made goods.
D. an increase in the real interest rate on foreign assets.
Answer: A
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Refer to the Article Summary. The standards used by the Department of Justice and the FTC to evaluate a potential merger such as the one between Staples and Office Depot are based on market concentration as determined by the
A) Robinson-Patman Act. B) Clayton Antitrust Act. C) Anti-Collusion Task Force. D) Herfindahl-Hirschman Index.
You could borrow $1,000 today from Bank A and repay the loan, with interest, by paying Bank A $1,060 one year from today. Or, you could borrow $1,500 today from Bank B and repay the loan, with interest, by paying Bank B $1,600 one year from today. Which of the following statements is correct?
a. The interest rate on the loan from Bank A is higher than the interest rate on the loan from Bank B. b. The interest rate on the loan from Bank A is lower than the interest rate on the loan from Bank B. c. The interest rates on the two loans are the same. d. There is not enough information to determine which loan has the higher interest rate.
the demand for ethanol is affected by the following factors (pick the best of the choices):
a) the price of corn (an input to ethanol production) b) the number of ethanol plants that produce ethanol c) a change in the technology of ethanol production d) a new regulation mandating increased use of ethanol mixed gasoline e) all of the above
Which of the following is an example of a barter system?
(A) Instead of paying for a purchase in Mexico in pesos, you use dollars from the United States. (B) Instead of paying the full amount for a car, you pay 10 percent in cash and the rest in monthly installments. (C) Instead of paying cash for a computer, you use a credit card. (D) Instead of paying rent, you clean the house for the owner.