An American investor purchasing a Japanese government bond
a. creates a demand for dollars and a supply of yen in the foreign exchange market.
b. creates a demand for yen and a supply of dollars in the foreign exchange market.
c. causes the yen to depreciate.
d. causes the dollar to appreciate.
B
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Hyundai is a large South Korean company that produces finished steel products. Hyundai plans to buy raw steel from U.S. Steel. As a result, the
A) demand curve for U.S. Dollars shifts rightward. B) demand curve for U.S. Dollars shifts leftward. C) demand curve for South Korean Won shifts rightward. D) demand curve for South Korean Won shifts leftward.
Explain why a monopoly that knows the demand curve of identical consumers can set a two-part price with the lump sum tariff equal to the total amount of potential consumer surplus
What will be an ideal response?
Economists have no concern that children on welfare might be more likely to end up on welfare as adults
a. True b. False
What is the economic definition of productivity?
What will be an ideal response?