A decrease in German Treasury interest rates, all else held constant, causes a leftward shift in the __________ euros and causes the dollar to __________ against the euro
A) supply of; appreciate
B) supply of; depreciate
C) demand for; appreciate
D) demand for; depreciate
C
Economics
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The above figure shows the market demand curve for mobile telecommunications (time spent on a mobile phone). At the current price of $0.35 per minute, consumer surplus equals
A) $301.00. B) $924.50. C) $1,225.50. D) $1,250.00.
Economics
As the economy contracts, tax revenues ________ and transfer payments __________.
A. fall; rise B. fall; fall C. rise; fall D. rise; rise
Economics
The Sherman Act was the first established antitrust law.
Answer the following statement true (T) or false (F)
Economics
A decrease in the price level in an economy will
What will be an ideal response?
Economics