________ in the foreign interest rate causes the demand for domestic assets to ________ and the domestic currency to depreciate, everything else held constant

A) An increase; increase
B) An increase; decrease
C) A decrease; increase
D) A decrease; decrease


B

Economics

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The three components of personal consumption expenditures are:

a. durable goods, nondurable goods, and services. b. durable goods, food, and housing. c. durable goods, nondurable goods, and housing. d. durable goods, services, and food. e. durable goods, services, and transportation.

Economics

A cartel is: a. a group of firms that collude to produce a monopoly output

b. a group of firms that collude to produce the market equilibrium output. c. a group of firms that collude to charge the market equilibrium price for their output. d. a group of firms that collude to earn normal profits.

Economics

Industries which receive government protection from trade pressures are likely to exhibit all of the following except

a) high levels of employment b) low levels of productivity c) a high proportion of unskilled workers d) monopoly power e) comparative advantage

Economics

________ first presented the product cycle hypothesis.

A. Adam Smith B. Eli Heckscher C. David Ricardo D. Raymond Vernon

Economics