If the U.S. dollar appreciates in value relative to foreign currencies, then this will:
A. increase aggregate demand and aggregate supply.
B. increase aggregate demand and decrease aggregate supply.
C. decrease aggregate demand and aggregate supply.
D. decrease aggregate demand and increase aggregate supply.
Answer: D
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Demand curves and other economic relationships
A) are always linear. B) produce linear regression equations. C) can take many different functional forms. D) are dependent upon the type of advertising done.
Why is price less than marginal revenue for a monopolist?
What will be an ideal response?
It has been argued that state-subsidized ____ programs have benefited the poor more than middle and upper-income quintiles
a. Medicaid b. higher education c. art museum d. airport and airline subsidy
As marginal physical product diminishes, marginal revenue product
A. Rises at a diminishing rate and eventually falls. B. Also diminishes. C. Rises. D. Is not affected.