Everything else held constant, if a factor increases the demand for ________ goods relative to ________ goods, the domestic currency will appreciate
A) foreign; domestic
B) foreign; foreign
C) domestic; domestic
D) domestic; foreign
D
You might also like to view...
The Herfindahl-Hirschman Index is used as a guideline to determine if a market is competitive or concentrated. Calculate the index value for each market described below
a. 100 firms, each of which produces 1 per cent of market output b. 50 firms, each of which produces 2 per cent of market output c. 25 firms, each of which produces 4 per cent of market output d. 20 firms, each of which produces 5 per cent of market output e. 10 firms, each of which produces 10 per cent of market output f. 5 firms, each of which produces 20 per cent of market output g. 2 firms, each of which produces 50 per cent of market output
The marginal product of the variable input
A) is always positive. B) typically falls then rises. C) is equal to the total product divided by the total amount of the variable input employed. D) None of the above
Assume that the central bank purchases government securities in the open market. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the real risk-free interest rate and GDP Price Index in the context of the Three-Sector-Model?
a. The real risk-free interest rate falls, and GDP Price Index falls. b. The real risk-free interest rate rises, and GDP Price Index falls. c. The real risk-free interest rate and GDP Price Index remain the same. d. The real risk-free interest rate falls, and GDP Price Index rises. e. There is not enough information to determine what happens to these two macroeconomic variables.
Who from among the following would be counted as unemployed?
A. A person who is willing to work but has not looked for a job in two months. B. A person with a part-time job who wants and is looking for a full-time job. C. A person who is willing to work and has looked for a job in the last week. D. All of these people would be counted as unemployed.