Which of the following will lead to a depreciation of the U.S. dollar against the British pound?
A) an increase in British demand for U.S. imports
B) an increase in U.S. interest rates
C) a decrease in British demand for U.S. assets
D) a decrease in U.S. demand for British goods
C
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U.S. Treasury bills are considered the safest of all money market instruments because there is a low probability of
A) defeat. B) default. C) desertion. D) demarcation.
Which of the following countries receives the largest share of U.S. exports?
a. Mexico b. Germany c. Japan d. Canada e. United Kingdom
The slope of a graph of the consumption function equals the marginal propensity to consume.
Answer the following statement true (T) or false (F)
If we assume competitive labor markets, the supply curve of labor when the firm is a monopoly is
A) upward sloping. B) vertical. C) horizontal. D) downward sloping.