Considering the euro/U.S. dollar exchange rate, as a U.S. dollar decreases in value versus the euro (holding other factors constant):
A. this is represented by an upward movement along the demand for dollars curve.
B. this is represented by a downward movement along the supply of dollars curve.
C. this would be represented by an upward sloping demand for dollars curve.
D. this would be represented by a leftward shift of the supply of dollars curve.
Answer: B
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Disposable income equals aggregate income
A) minus saving and minus net taxes. B) minus saving. C) minus net taxes. D) plus net taxes. E) plus saving minus net taxes.
Refer to Table 8-16. Given the information above, what can we say has happened in the economy from 2015 to 2016?
A) The price level has risen. B) The price level has fallen. C) The price level has remained constant. D) Not enough information is available to determine what has happened to prices.
What are the influences on the demand for U.S. dollars in the foreign exchange market?
What will be an ideal response?
If an industry currently dominated by three large producers whose revenues represent 30%, 30%, and 30% of the market's total revenues, with the remaining two firms each representing 5%, then the two largest firms merged, what would be the new four firm concentration ratio and the new Herfindahl-Hirschman Index for this industry?
a. 95%; 4525 b. 95%; 2,750 c. 100%; 4525 d. 100% 2,750