An economic boom in America should increase the

A. demand for U.S. dollars.
B. demand for U.S. goods and services.
C. demand for foreign currencies.
D. supply of foreign currencies.


Answer: C

Economics

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Countries that adopt the most advanced technologies will have

A. stagnant labor productivity. B. highly productive labor and capital. C. decreasing profitability. D. constant returns to scale.

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The payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital. This game is an example of a:

A. game with multiple equilibria. B. credible promise. C. prisoner's dilemma. D. cartel.

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If two consumption points are not on the same indifference curve, then one point is ________

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Economics