When Argentines increase their savings in U.S. dollars, the U.S. money:
A. demand curve shifts left.
B. supply curve shifts left.
C. supply curve shifts right.
D. demand curve shifts right.
Answer: D
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Determine if each of the goods below displays any of the following characteristics:
(i) rivalry (ii) nonrivalry (iii) excludability (iv) nonexcludability a. attending a Packers game at Lambeau Field b. online encyclopedia Wikipedia c. a shopping mall on Black Friday d. an online defensive driving class e. a Tesla Model S electric car
Looking at inflation rates in the United States since the 1970s we see that
A) inflation fell the most during the 1970s productivity slowdown. B) the highest inflation rates were the double digits during the 1990s. C) the inflation rate increased with the increased growth of the 1990s. D) the 1970s experienced the highest inflation rates.
Faster long-term growth can be achieved by discouraging saving and encouraging consumption
Indicate whether the statement is true or false
Refer to Figure 11-1. Using the per-worker production function in the figure above, the largest changes in an economy's standard of living would be achieved by a movement from
A) A to B to C. B) C to B to A. C) B to C to D. D) D to C to B.