The U.S. demand for foreign currency arises from speculation and the
A. Foreign demand for U.S. goods, services, and financial assets.
B. U.S. demand for foreign goods, services, and financial assets.
C. Supply of goods and services from the United States.
D. Foreign demand for U.S. holdings of gold.
Answer: B
You might also like to view...
Industrialization through heavy capital investments required savings by households, businesses and/or government bodies
Indicate whether the statement is true or false
The consensus among economists who consider monopoly and oligopoly to be both inevitable and undesirable is, when confronted with a monopolized industry, to
a. look the other way b. allow government regulation of the industry c. withhold patent privileges d. engage in a laissez-faire strategy e. purchase controlling stock in the monopoly
Let M = money supply; P = price level; V = velocity; Y = real GDP. The equation of exchange is given by:
A) M x P=V x Y. B) M x V=P x Y. C) M x Y=P x V. D) M x V=(1/P) x Y.
Supply-siders' policy recommendations include:
A. lower tax rates, spending cuts, and increased government regulation. B. lower tax rates and decreased government regulation. C. lower tax rates, spending increases, and decreased government regulation. D. higher tax rates, spending increases, and increased government regulation.