An increase in the price of input used to produce a product will lead to
A) a decrease in the demand for that product.
B) a decrease in quantity supplied of that product
C) a decrease in the supply of that product.
D) an increase in the supply of that product.
C
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The return that a domestic investor receives on a foreign investment is equal to
A) the interest rate on the foreign investment minus the interest rate on a comparable domestic investment. B) the appreciation rate of the foreign currency minus the appreciation rate of the domestic currency. C) the interest rate on the foreign investment times the appreciation rate of the foreign currency. D) the interest rate on the foreign investment minus the rate of appreciation of the domestic currency.
Which of the following does not result in a change in the demand for foreign currency?
a. c and d. b. changes in income. c. changes in foreign currency supply. d. changes in the foreign exchange rate. e. changes in the interest rate.
The early goldsmiths issued money in the form of
a. coins made from gold in their safes. b. receipts for the acceptance of gold deposits. c. gold fragments left over from the production of jewelry. d. fully backed gold certificates.
If imports are $4 billion and net exports are $4 billion, what must be the value of exports?
A. $4 billion B. $2 billion C. $0 billion D. $8 billion