The supply of euros would come from
a. American demand for European real estate.
b. European demand for U.S. government bonds.
c. Americans vacationing in Barcelona, Spain.
d. French supplies of wine to U.S. importers.
b
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Refer to Figure 2-4. A movement from Y to Z
A) represents an increase in the demand for plastic products. B) is the result of a decrease in preference for food products. C) is the result of advancements in plastic production technology. D) is the result of advancements in food production technology.
Investment tax credits (ITCs) are _________ the firm's tax bill when particular capital assets are purchased.
A. deducted from B. added to C. close to zero for D. none of these answer options are correct.
When borrowing money to purchase an automobile, Raul has the choice between a fixed nominal interest rate or adjustable nominal interest rate loan. Typically the adjustable rate loans start with a lower rate than the fixed rate loans. Given that, under what circumstances would Raul most likely want to borrow money at the higher fixed rate?
a. When he expects the inflation rate to rise b. When he expects the inflation rate to decrease c. When he expects the inflation rate to remain unchanged d. When he expects the price level to remain stable e. When he expects the government to act to lower the inflation rate
Explain the effect of the following changes on equilibrium price and quantity of a commodity: (a) increase in average incomes. (b) increase in population