When foreigners come to the United States as tourists, they are generating a
A. Supply of U.S. dollars and a supply of a foreign currency.
B. Supply of U.S. dollars and a demand for a foreign currency.
C. Demand for U.S. dollars and a demand for a foreign currency.
D. Demand for U.S. dollars and a supply of a foreign currency.
Answer: D
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The ________ is referred to as future value
A) product of interest payments and principal B) ratio of interest payments to principal C) ratio of principal to interest payments D) sum of interest payments and principal
What is the main shortcoming of the neoclassical growth model and how does the new growth theory address this shortcoming?
What will be an ideal response?
The price of one good produced by a multiproduct industry rises. For another good produced by that industry
a. the supply curve will shift to the left. b. the supply curve will remain constant. c. the supply curve will shift to the right. d. the demand curve will shift to the right.
The theory that there are no predictable trends in securities prices that can be used to "get rich quick" is the
A) dartboard theory. B) random walk theory. C) Wall Street theory. D) inefficient market hypothesis.