The expected future exchange rate has ________ on the supply of dollars and has ________ on the demand for dollars
A) no effect; no effect
B) an effect; no effect
C) an effect; an effect
D) no effect; an effect
E) an effect sometimes; an effect sometimes
C
You might also like to view...
The figure above shows the demand for fruit snacks. Which movement reflects a decrease in quantity demanded but NOT a decrease in demand?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
When the prevailing market wage is above equilibrium:
A. the surplus of labor is the amount of unemployment in the market. B. the difference between the quantity supplied and the quantity of labor demanded is unemployment. C. unemployment occurs. D. All of these are true.
A country has a comparative advantage in producing a good when it has the lowest opportunity cost of producing that good
a. True b. False Indicate whether the statement is true or false
Draw a graph with food on the horizontal axis and shelter on the vertical axis.A. Now sketch in a budget line such that the relative price of food to shelter is 2, the absolute price of shelter is 10, and the nominal income level is $100. Label the budget line A.B. Next, the nominal income stays the same, the absolute price of shelter is cut in half, and the absolute price of food is unchanged. Sketch in the new budget line and label it B.C. Next, the absolute prices are where they were when the problem started and the nominal income increases to 150. Draw a new budget line for this data and label it C.D. Next, the nominal income is again $100, the relative prices are as they were at the beginning and the absolute prices are cut in half. Draw a new budget line on the graph and label it
D.E. Next, the absolute price of shelter falls to $5 and the absolute price of food and the income stay where it was at the beginning. The relative price of food to shelter also stays at 2. Explain why this is a logical contradiction. What will be an ideal response?