If the dollar price of foreign currencies falls (that is, the dollar appreciates), we would expect:
A. aggregate demand to decrease and aggregate supply to increase.
B. both aggregate demand and aggregate supply to decrease.
C. both aggregate demand and aggregate supply to increase.
D. aggregate demand to increase and aggregate supply to decrease.
A. aggregate demand to decrease and aggregate supply to increase.
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The gold standard is an example of a ________ exchange rate system.
A. dollarized B. flexible C. fixed D. nominal
Which of the following will lead to an increase in the gross domestic product of a country, all other variables remaining unchanged?
A) An increase in imports B) An increase in consumption expenditure C) A fall in the expenditure incurred by the government D) A fall in the expenditure on investment goods
Which of the following statements contradicts the evidence shown in the graph shown? 
A. Income is more equally distributed in Sweden than it is in Taiwan. B. Income is more equally distributed in Taiwan than it is in the United States. C. Income is more equally distributed in Sweden than it is in Brazil. D. Income is more equally distributed in the United States than it is in Brazil.
Refer to Table 10.1. If the price of output is $10 per unit, the marginal revenue product of the third unit of labor is:
A. $50. B. $60. C. $500. D. $600.