The demand for dollars will increase in foreign-exchange markets if:
A. U.S. interest rates are high relative to those overseas.
B. the U.S. is perceived to be a riskier place for investment relative to other nations.
C. foreigners want to buy less U.S. goods.
D. US consumers decide to buy more foreign goods than before.
A. U.S. interest rates are high relative to those overseas.
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The EPA’s second prospective study of the Clean Air Act Amendments (CAAA) of 1990,
a. expands the time frame of the first prospective study to the 1990 to 2020 period b. finds that the estimated costs of the CAAA outweigh the estimated benefits c. uses the same data and methods employed in the first study d. generates estimates that indicate negative net benefits linked to the CAAA
The primary focus of microeconomics is
A) to study how we managed to eliminate scarcity. B) our government's monetary policy. C) to examine the behavior and operation of the individual units or sectors that make up the economy. D) the levels of employment and inflation. E) to examine the operation of the entire (aggregate) economy.
The size of the expenditure multiplier is influenced by
i. the marginal propensity to consume. ii. autonomous spending. iii. the marginal tax rate. A) i only B) ii only C) iii only D) i and iii E) ii and iii
The unemployment rate measures the percentage of people in the labor force who can't find a job
Indicate whether the statement is true or false