The demand for the U.S. dollar in the foreign exchange market is a derived demand. A derived demand means that the demand is derived from
A) government policy.
B) the demand for U.S. goods, services, and assets.
C) the supply of U.S. dollars.
D) the demand by U.S. residents for foreign goods, services, and assets.
E) the domestic demand for U.S. goods and services.
B
You might also like to view...
An assumption of neoclassical growth theory is that
A) technological change is random. B) technological change can be influenced by savings. C) more growth encourages more technological change. D) None of the above answers is correct.
By the legal definition of unemployment, a person who has quit his job to take care of his children full time is
A) unemployed. B) not in the labor force. C) employed. D) in the labor force.
Which of the following is a sign of a well-functioning labor market?
A. a constant unemployment rate B. equal pay for all workers C. a high degree of labor mobility (job losses and job gains) D. All workers have a college education. E. equal pay in all regions
Assuming demand is a straight line, the equation of the inverse demand curve is represented as
A. P = a - bQd. B. Q = a - bPd. C. P - Qd = a + b. D. Qd = a + bP.