The demand for dollars in the foreign exchange market
A. Depends on U.S. demand for foreign goods and services.
B. Depends in part on the foreign demand for U.S. goods.
C. Is represented by a point in a diagram of foreign exchange supply and demand.
D. Is the ratio of the dollars demanded to the amount of foreign currency supplied.
Answer: B
You might also like to view...
Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full-time employment; 20 have part-time employment; 20 do not have employment, but are actively looking for
employment; and 10 would like employment but do not have employment and are not actively looking for employment. The official unemployment rate as calculated by the U.S. Bureau of Labor would equal A) (20/80 ) × 100. B) (20/60 ) × 100. C) (30/80 ) × 100. D) (20/100 ) × 100.
The economy of the northern colonies, in particular New England, was largely based on
(a) small-scale farming. (b) slave trade. (c) cotton production. (d) all of the above.
The majority of funding for 19th century American canal building came from
a. the federal government. b. state governments. c. local governments. d. private investors.
Explain the prisoner's dilemma case in game theory and its relevance to the maximin criterion