Each of the following would decrease the demand for U.S. dollars, shifting the demand curve for dollars to the left, EXCEPT:
A. a decrease in real GDP abroad.
B. a depreciation of foreign currencies relative to the U.S. dollar.
C. a decreased preference for U.S.-made goods.
D. a decrease in the real interest rate on U.S. assets.
Answer: B
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The government has used the Sherman Act to break up monopolies in which of the following industries?
A. Coal B. Fishing C. Trucking D. Tobacco
Proponents and opponents of balanced-budget policies agree that the government debt cannot continue to increase forever
a. True b. False Indicate whether the statement is true or false
Marginal land is land on the borderline of
A. producing revenue. B. being used profitably. C. producing economic rent. D. a facility that produces output.
Refer to the graph shown. The profit-maximizing monopolist would sell its output at price:
A. P1. B. P2. C. P3. D. P4.