When the United States exports goods and services to France, there is an increase in the
A) demand for dollars.
B) supply of French francs.
C) supply of dollars.
D) U.S. capital account balance.
E) U.S. official settlements account balance.
A
You might also like to view...
If government intervention in the market creates market inefficiencies then
A) there is government failure. B) market failure. C) network externalities. D) the economy must be democratic.
Which of the following could increase the supply of labor in the market for cranberry pickers? (i) a change in the preferences of women toward full-time work (ii) an increase in the output price (iii) an increase in the wages paid to apple pickers (iv) a decrease in the wages paid to apple pickers
a. (ii) only b. (i), (ii), and (iv) only c. (i) and (iv) only d. (ii) and (iii) only
In the graph shown, a shift in the AD curve to the right:
A. causes goods inflation. B. lowers globally constrained potential output. C. raises domestic consumption. D. lowers domestic consumption.
According to the Tiebout hypothesis,
A. an efficient mix of public goods is produced when local land/housing prices and taxes reflect consumer preferences. B. under certain conditions, when externalities are present, private parties can arrive at the efficient solution without government involvement. C. a good or service is usually so costly that its provision generally does not depend on whether any single person pays. D. an optimal (or most efficient) level of output exists for every public good.