A decrease in the demand for U.S. exports ________ the demand for U.S. dollars and shifts the demand curve for U.S. dollars ________
A) increases; rightward
B) decreases; rightward
C) decreases; leftward
D) increases; leftward
C
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The Surgeon General announces that eating apples promotes healthy teeth. As a result, the equilibrium price of apples
a. increases, and producer surplus increases. b. increases, and producer surplus decreases. c. decreases, and producer surplus increases. d. decreases, and producer surplus decreases.
Explain why most indifference curves are convex
What will be an ideal response?
The federal budget has been in deficit in all but 9 years since 1960
a. True b. False Indicate whether the statement is true or false
Which of the following correctly describes the concept of free riding?
a. Making a public good available to all for no cost b. Using a public good but leaving it to others to pay for it c. Encouraging the use of city buses by not charging one day per week d. Using a public good without preventing others from using it