Refer to the graph below. If more people in Europe decide to purchase U.S. cars, what effect will this have on the market for euros?
Assume that U.S. and European governments adopt a system of flexible exchange rates, and the figure below shows the market for euros.
A. Demand will decrease
B. Demand will increase
C. Supply will increase
D. Supply will decrease
C. Supply will increase
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If exports and imports both rose, but exports rose more than imports, a. AD would decrease
b. AD would increase. c. AD would be unaffected. d. AD could either increase or decrease.
Derivatives are securities that derive their values from the values of underlying investments
a. True b. False Indicate whether the statement is true or false
Which of the following statements draws a false conclusion?
A. Life expectancy in an average African country is lower than in an average European country; therefore Europeans can expect to outlive Africans. B. Nations that currently produce no capital goods, and whose inhabitants are hungry, risk famine with internally funded capital investments. C. Some African nations have substantially more food and capital investment than others; therefore, their standard of living is higher. D. Population reduction policies, if effective, can improve the nation's wealth by increasing real per capita GDP.
Some economists have argued that certain characteristics of the delivery of health care justify government intervention. One of these characteristics is
A) health care is a public good. B) health care is nonrivalrous and nonexcludable. C) health care generates negative externalities. D) health care generates positive externalities.