If interest rates in the United States were to increase relative to European interest rates, ceteris paribus, then ______.
a. the rate of return on U.S. investments would increase relative to that on European investments
b. U.S. investors would increase their demand for European investments
c. U.S. investors would offer U.S. dollars for sale in order to buy euros
d. the supply curve for euros would shift to the left
a. the rate of return on U.S. investments would increase relative to that on European investments
You might also like to view...
An external benefit is a benefit from a good or service that someone other than the ________ receives
A) seller of the good or service B) government C) foreign sector D) consumer E) market maker
If the United States' maximum possible output of any one good is produced, given the output of other goods, we have attained ____________.
Fill in the blank(s) with the appropriate word(s).
Most political scientists and economists agree that ________ is detrimental to economic growth.
A. the free and open exchange of ideas B. a just-in-time inventory system C. a set of well-defined property rights D. political instability
An increase in the price of good X due to a reduction in its supply will: a. increase the total revenue of good X
b. decrease the total revenue of good X. c. increase the total revenue of goods that are substitutes for X. d. increase the total revenue of goods that are complements for X.