European households wishing to purchase shares of stock in an American company are ________ the foreign exchange market.
A. demanders of Euros in
B. demanders of U.S. dollars in
C. suppliers of U.S. dollars in
D. supplied dollars by the European Central Bank for use in
Answer: B
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A real interest rate that causes the quantity of saving supplied to be equal to the quantity of saving (or investment) demanded is an example of the:
A. principle of comparative advantage. B. equilibrium principle. C. principle of increasing opportunity cost. D. scarcity principle.
_____ are most likely to be upwardly mobile within the income distribution of a country
a. Single-earner families b. College graduates c. People who experience unemployment d. Non-college graduates e. Retired individuals
When a supply curve is relatively flat, the
a. sellers are not at all responsive to a change in price. b. equilibrium price changes substantially when the demand for the good changes. c. supply is relatively elastic. d. supply is relatively inelastic.
Refer to the following computer output from estimating the parameters of the nonlinear modelY = aRbScTdThe computer output from the regression analysis is: 
Based on the info above, if R decreases by 10% (all other things constant), Y will
A. decrease by 4.66%. B. increase by 46.6%. C. increase by 4.66%. D. decrease by 46.6%.