Which of the following would increase the U.S. demand for foreign currency?

a. an increase in the U.S. demand for foreign goods
b. an increase in incomes abroad
c. a decrease in U.S. incomes
d. a decrease in the U.S. demand for foreign goods
e. an increase in U.S. real interest rates


A

Economics

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What is one reason the federal government might "bail out" farmers in flood prone areas of the country?

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Reserves that banks are required by law to keep on hand to back up their deposits are called

a. required reserves. b. borrowed reserves. c. actual reserves. d. excess reserves.

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If the law of diminishing marginal product holds true and workers emigrate from Haiti, the wage rate of workers who remain in Haiti would be expected to:

A. fall because fewer workers are working with the same amount of capital. B. rise because fewer workers are working with the same amount of capital. C. rise because more workers are working with the same amount of capital. D. fall because more workers are working with the same amount of capital.

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Firms who are attempting to engage in price discrimination will offer customers with a ________ demand a higher price and customers with a(n) ________ demand a lower price.

A. lower; higher B. normal; inferior C. less elastic; more elastic D. more elastic; less elastic

Economics