In the figure above, an increase in the U.S. interest rate relative to that in Canada shifts the demand curve for U.S. dollars ________ and shifts the supply curve of U.S. dollars ________
A) leftward; leftward
B) leftward; rightward
C) rightward; leftward
D) rightward; rightward
C
You might also like to view...
In the long run, a firm will enter a competitive industry if
a. total revenue exceeds total cost. b. the price exceeds average total cost. c. the firm can earn economic profits. d. All of the above are correct.
What are sticky prices, and how can contracts make them "sticky"?
What will be an ideal response?
A full-time student who is not working is categorized as
A) unemployed. B) employed. C) not in the labor force. D) a discouraged worker. E) frictionally unemployed.
If you ________ prevent at a low cost another person from enjoying the benefits of a good that you produced, the good is nonexcludable. This is a characteristic of a ________ good.
A. can; public B. cannot; public C. can; private D. cannot; private