Appreciation of the euro relative to the dollar means that the
A. dollar price of the euro has fallen.
B. euro price of gold has risen.
C. euro prices of U.S. goods exported to the nation's that adopted the euro as its currency have fallen.
D. euro is cheaper for Americans.
C. euro prices of U.S. goods exported to the nation's that adopted the euro as its currency have fallen.
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Investment and saving decisions are assumed by economists to depend on the ________ interest rate
A) expected nominal B) nominal C) expected real D) real
Which of the following is an example of an injection into the circular flow of income and expenditure?
a. Consumption b. Exports c. Taxes d. Saving e. Government borrowing
All other things unchanged, the velocity of money will
A) increase if the quantity of money demanded decreases. B) increase if the quantity of money demanded increases. C) decrease if the quantity of money demanded decreases. D) fall to zero if the quantity of money demanded increases.
When demand changes, there is a ____, whereas when the price changes, there is a ____. Question 18 options:
A. change in the quantity demanded; change in demand B. shift in the demand curve; movement along the demand curve C. movement in the quantity demanded; shift in buying plans D. movement along the demand curve; shift in the demand curve