Foreign demand for U.S. dollars also represents a supply of dollars.
Answer the following statement true (T) or false (F)
False
Foreign demand for U.S. dollars does not represent a supply of U.S. dollars, but U.S. demand for foreign goods would create a supply of U.S. dollars.
You might also like to view...
The Sarbanes-Oxley Act was passed in response to the 2007-2009 financial crisis
Indicate whether the statement is true or false
Explain how it is possible for the economy to produce at a point beyond its institutional production possibilities frontier (PPF), but not beyond its physical PPF
Why does a monopsonist's marginal expenditure curve lie above the labor supply curve?
What will be an ideal response?
To achieve allocative efficiency, one must compare the
A) marginal cost of a good to its opportunity cost. B) opportunity cost to the attainable point on the production possibilities frontier. C) marginal benefit of a good to its marginal cost. D) marginal cost to the production efficiency cost. E) point of production efficiency to the point of allocative efficiency.