If equilibrium is present in the foreign exchange market and a nation is experiencing a trade deficit,
a. the nation must be experiencing a net capital inflow.
b. the nation must be experiencing a net capital outflow.
c. the nation's inflation rate must increase.
d. the nation's interest rate must increase.
A
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The three acts that form the basic machinery behind the U.S. anti-trust laws are the Sherman Act of 1890, the Federal Trade Commission Act of 1914, and the Robinson Patman Act of 1836
Indicate whether the statement is true or false
The supply curve represents the relationship between:
A. price and quantity supplied with everything else held constant. B. income and quantity supplied with everything else held constant. C. consumer preferences and quantity supplied with everything else held constant. D. income and price supplied with everything else held constant.
Which of these people is neither employed nor unemployed?
a. Vince, a 17 year old, who is working at a bakery to pay his tuition bills b. Jack, an employee fired last month, who is not actively looking for a paid job c. Kate, a software engineer, who is working as a software developer d. Dave, a professional chef, who is working at a restaurant
List three reasons why wages could be set above the equilibrium wage