Suppose there has been decreased interest in European goods by Americans. Which of the following would we expect to observe?
a. A rightward shift of the demand curve for euros, a depreciation of the euro, and a smaller number of euros traded.
b. A leftward shift of the demand curve for euros, an appreciation of the euro, and a smaller number of euros traded.
c. A leftward shift of the demand curve for euros, a depreciation of the euro, and a smaller number of euros traded.
d. A leftward shift of the demand curve for euros, a depreciation of the euro, and a larger number of euros traded.
e. A leftward shift of the demand curve for euros, an appreciation of the euro, and a larger number of euros traded.
C
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Which of the following will result in an increase in labor productivity?
A) a decline in the capital stock per hour worked B) a decline in the amount of human capital per worker C) an increase in technology D) a decrease in the number of people attending institutions of higher education
Which of the following was an element of the New Deal?
A. Wage and price controls B. Unemployment insurance and bank deposit insurance C. Regulation of the stock market D. Unemployment insurance, bank deposit insurance, and regulation of the stock market, but not wage and price controls
Companies have calculated their annual holding cost(CH) and annual ordering cost (Co). Which company uses EOQ for its order quantity?
a. Company E:CH-860 and CO - 1040 b. Company C:CH-1150 and CO - 1150 c. Company D:CH-790 and Co-650 d. Company A:CH-1290 and CO - 120 e. Company B:CH-1030 and CO - 1210
Give an example that demonstrates a change of price elasticity along a linear demand curve. Avoid using examples given in the text.
What will be an ideal response?