When Americans or foreigners expect the return on dollar assets to be high relative to the return on foreign assets, there is a ________ demand for dollar assets and a correspondingly ________ demand for foreign assets
A) higher; higher
B) higher; lower
C) lower; higher
D) lower; lower
B
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Which would be characteristic of a capitalist economy?
a. Reliance on international treaties. b. Competition and unrestricted markets c. Democracy d. Government ownership of the factors of production
Refer to the diagram. With MB1 and MC1, society's optimal amount of pollution abatement is
A. Q3. B. Q4. C. Q1. D. Q2.
If the marginal utility of apples exceeds the marginal cost of producing apples, then in a free market production of apples will ____, with the likely result that marginal utility will ____
a. rise; fall b. fall; rise c. rise; rise d. fall; fall
Government certification of the weights and measures used in business can be justified on the grounds that
What will be an ideal response?