A decrease in the demand for dollars on the foreign exchange market, all else equal, will result in:
A) appreciation of the U.S. dollar and depreciation of the foreign currency.
B) appreciation of the U.S. dollar and appreciation of the foreign currency.
C) depreciation of the U.S. dollar and depreciation of the foreign currency.
D) depreciation of the U.S. dollar and appreciation of the foreign currency.
D
You might also like to view...
A price increase will always increase a firm's revenue
a. True b. False Indicate whether the statement is true or false
A(n) __________ is a person who was previously employed, hasn't worked for some time, and is currently reentering the labor force
A) discouraged worker B) entrant C) reentrant D) job loser E) job leaver
Corporate profits are
A. taxed twice-once by the corporate tax system, and again by personal tax system when they are paid to stockholders as dividends. B. taxed three times-once by the corporate tax system, again by the personal tax system, and again as capital gains. C. taxed only when a stockholder sells his or her shares of stock. D. taxed at too low a rate.
Use the following graph for a monopolistically competitive firm to answer the next question.
A successful advertising campaign by the firm will cause its demand curve to shift from
A. B to A and become more elastic. B. A to B and become more elastic. C. A to B and become less elastic. D. B to A and become less elastic.