The supply of U.S. dollars on foreign exchange markets is
A) determined directly by open market operations at the Federal Reserve Bank.
B) derived from the demand for U.S. products by foreigners.
C) derived from the supply of U.S. goods.
D) derived from the demand by United States for imported goods and services.
Answer: D
You might also like to view...
The firm in the figure above is ________ that is equal to ________
A) making an economic profit; $5.14 × 7 B) making an economic profit; $3.00 × 7 C) incurring an economic loss; $5.14 × 7 D) incurring an economic loss; ($5.14 - $3.00 ) × 7 E) making an economic profit; ($5.14 - $3.00 ) × 7
The ________ the Herfindahl-Hirschman Index (HHI), the ________ the industry
A) higher; less competitive B) lower; less competitive C) higher; more firms in D) lower; more profitable
Along the IS curve, which of the following markets are in equilibrium?
A) the money and forex markets B) the goods and forex markets C) the goods and money markets D) the goods, money, and forex markets
If the elasticity of demand for a service is 1, then the demand for that service is
A. perfectly elastic. B. elastic. C. unit elastic. D. inelastic.