If more French tourists visit the Grand Canyon, what is the effect in the exchange market?
a. It will increase the supply of U.S. dollars
b. It will decrease the supply of U.S. dollars.
c. It will increase the demand for U.S. dollars.
d. It will decrease the demand for U.S. dollars.
c
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Concerning tax rates and growth, which of the following is true?
A. Tax rates do not influence economic growth. B. Countries with high marginal tax rates have generally had higher rates of economic growth than those with low tax rates. C. Countries with low marginal tax rates have generally had higher rates of economic growth than those with high tax rates. D. Countries that impose high marginal tax rates at low-income thresholds generally have high rates of economic growth.
Let's look at a simple example—a new building construction program. Government money is spent on goods such as concrete and steel as well as paying workers.
What will be an ideal response?
The Bureau of Labor Statistics' U-1 measure of joblessness is smaller than its U-6 measure of joblessness
a. True b. False Indicate whether the statement is true or false
You are expecting to receive $750 at some time in the future. Which of the following would unambiguously decrease the present value of this future payment?
a. Interest rates rise and you get the payment sooner. b. Interest rates rise and you have to wait longer for the payment. c. Interest rates fall and you get the payment sooner. d. Interest rates fall and you have to wait longer to get the payment.