Toothpaste and toothbrushes are substitute goods.
Answer the following statement true (T) or false (F)
False
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If the equilibrium exchange rate for the dollar is 110 yen per dollar and the current exchange rate is 120 yen per dollar, then the
A) supply curve of U.S. dollars shifts rightward. B) dollar will depreciate. C) dollar will appreciate. D) demand curve for U.S. dollars shifts rightward.
Which of the following did Thomas Malthus believe would deter sustained increases in the growth of income per capita?
a. excessive growth of government expenditures b. rapid growth of population c. the availability of natural resources d. adverse climate conditions
PriceQuantity Demanded$01,000$1400$2200$3100$425 Refer to the table, which shows the number of MP3 downloads demanded per month for the students at a certain university. Does this demand schedule conform to the law of demand?
A. Yes, because as the price falls, the quantity demanded also falls. B. No, because the demand for most goods does not follow the law of demand. C. Yes, because as the price falls, the quantity demanded rises. D. No, because there appears to be no relationship between price and quantity demanded.
If the real interest rate in the United States increases, foreign investors will ________ their demand for U.S. dollars because they desire to ________ more U.S. financial assets
A) increase; buy B) increase; sell C) decrease; buy D) decrease; sell