In the last twenty-five years, the Yen and German mark and now the Euro have
a. fluctuated widely against the dollar
b. appreciated against the dollar and then depreciated against the dollar
c. exchanged without restrictions
d. all of the above
e. none of the above
d
You might also like to view...
Soda and hot dogs are complements for one another. If a shortage of carbonated water leads to an increase in the price of soda, then the
A) demand for hot dogs increases. B) demand for hot dogs decreases. C) quantity of hot dogs demanded increases. D) quantity of hot dogs demanded decreases. E) More information is needed to determine if the demand increases or decreases.
In an economy which produces two goods X and Y, using two inputs L and K, efficient input use occurs when
A) MRTSLKX = MRSLKY B) MRTXY = MRSXY C) MRSX/PX = MRSY/PY D) MRTSLKX = MRTSLKY
In the short-run macro model, which of the following increases when government spending increases?
a. The interest rate b. Investment spending c. Taxes d. Spending on consumer durables e. The money supply
The target for the Federal Reserve is
A. the Federal Funds rate, though it has been a monetary aggregate. B. and always has been inflation. C. and always has been a monetary aggregate. D. and always has been the Federal Funds rate.