If the U.S. dollar appreciates, it becomes cheaper for Australians to visit their relatives in the United States

a. True
b. False


B

Economics

You might also like to view...

Elimination of minimum brokerage commission rates occurred because of

A) competition from banks. B) demands of institution investors. C) competition from foreign brokerage firms. D) an action of the Securities and Exchange Commission.

Economics

If soybean farmers know that the demand for soybeans is inelastic, in order to increase their total revenues they should

a. use more fertilizers and weed killers to increase their yields. b. plant additional acres to increase their output. c. reduce the number of acres they plant to decrease their output. d. Both a and b are correct.

Economics

In 2014, the largest source of receipts for state and local governments was corporate income taxes

a. True b. False Indicate whether the statement is true or false

Economics

Figure 3.5 illustrates the supply of tacos. A decrease in the supply of tacos is represented by a movement from:

A. point a to point b. B. point c to point b. C. S2 to S1. D. S0 to S1.

Economics