As a result of the 2008-2009 financial crisis and the decrease in GDP in many European economies, we would expect
A) an increase in the demand for U.S. exports and a leftward shift in the demand curve for dollars.
B) a decrease in the demand for U.S. exports and a leftward shift in the demand curve for dollars.
C) a decrease in the demand for U.S. exports and a rightward shift in the demand curve for dollars.
D) a decrease in the demand for U.S. imports and a movement up along the demand curve for dollars.
B
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Commodities that typically last three years or more are called:
A) durable goods. B) nondurable goods. C) services. D) none of the above.
Keynes hypothesized that the precautionary component of money demand was primarily determined by the level of
A) interest rates. B) velocity. C) income. D) stock market prices.
What are the external costs and external benefits associated with cell phone usage in automobiles?
Investment decisions are based on the trade-off between the:
A. potential profit that could be generated and the willingness of a lender to make the loan. B. future value of the loan and the present value of the loan. C. interest rate that savers will earn and the interest rate that the borrowers will have to pay. D. potential profit that could be generated by investment and the cost of borrowing money to finance the investment.