On the foreign exchange market, an increase in a country's exchange rate
A) decreases the demand for its currency and shifts the demand curve rightward.
B) increases the quantity demanded of its currency and leads to a movement up along the demand curve.
C) decreases the quantity demanded of its currency and leads to a movement up along the demand curve.
D) decreases the demand for its currency and shifts the demand curve leftward.
E) increases the quantity demanded of its currency and leads to a movement down along the demand curve.
C
You might also like to view...
In the following table, fill in the columns for your return on investment if the price of your house increased or decreased by 40 percent, based on the down payments specified in the first column
Return on Your Investment From Down Payment A 40 Percent Increase in the Price of Your House A 40 Percent Decrease in the Price of Your House 100% 20 10 5
The demand curve for land will shift to the right because of a(n): a. decrease in the demand for agricultural produce. b. increase in the emigration of skilled workers
c. increase in the demand for residential apartments. d. decrease in the disposable income of the residents.
The labor supply curve:
A. has a negative slope. B. shows the relationship between the total quantity of labor supplied by all firms in the economy and the wage rate. C. shows that, all things being equal, more workers will want to work when wages are higher and less will want to work when wages are lower. D. All of these are true.
The absolute price elasticity of demand for a product for which annual expenditures make up a very small share of a typical consumer's budget is probably
A) less than 1. B) equal to 1. C) greater than 1. D) infinity.