In the foreign exchange market between the Swiss franc and the U.S. dollar, if the supply of francs increases and the demand for francs decreases, the equilibrium quantity of Swiss francs will definitely increase.
Answer the following statement true (T) or false (F)
False
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Since 1994, trade rules have been enforced by
A) the WTO. B) the G10. C) the GATT. D) The U.S. Congress. E) the European Union.
Which two lines on a cost curve diagram intersect at the shutdown point?
a. Average variable cost and marginal revenue b. Marginal revenue and total cost c. Average variable cost and total cost d. Marginal revenue and marginal loss
The basic idea behind the 1996 changes in the welfare program was to
a. eliminate poverty in the United States b. eliminate the idea that welfare was an entitlement c. create a new class of workers in the United States d. eliminate the food stamp program e. provide the poor with jobs
In Figure 20.2, the increase in Real GDP might reflect 
A. increased consumer confidence. B. a weaker currency. C. increased current government spending. D. increased worker productivity.