If a country's exchange rate appreciates, the world price level:
A. rises.
B. could rise or fall.
C. falls.
D. remains unchanged.
Answer: C
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Total reserve holdings over and above required reserves constitute the minimum amount of loans a depository institution can make
a. True b. False Indicate whether the statement is true or false
Suppose a monopoly's inverse demand curve is P = 100 - Q, it produces a product with a constant marginal cost of 20, and it has no fixed costs. Compared to the consumer surplus if the market were perfectly competitive, consumer surplus is how much less when the monopolist practices perfect price discrimination?
A) 3200 B) 1600 C) 800 D) 0
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If seven drones are produced, average fixed costs are
A. $7.14. B. $14.29. C. $20. D. $21.43.
Which researcher argues that the slave system and its enforcement mechanisms prevented slave individualism from emerging within the system itself?
(a) Robert Fogel (b) Stanley Engerman (c) Stanley Elkins (d) Kenneth Stampp