Holding all else constant, an increase in Mexican real GDP will ________ the demand for dollars in the foreign exchange market and ________ the equilibrium Mexican peso/U.S. dollar exchange rate.
A. increase; decrease
B. decrease; increase
C. increase; increase
D. decrease; decrease
Answer: C
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The federal personal income tax is
A. direct and regressive. B. direct and progressive. C. indirect and regressive. D. indirect and progressive.
Which of the following has resulted from the rise in the participation of women in the labor force?
a. More men lost jobs in the long run b. Youth crime increased significantly c. Households produced less for themselves and demanded more from the market d. More families moved to rural areas
Unemployment insurance is:
A. offered by companies as a way to affect the level of frictional unemployment. B. offered by the government as a way to affect the level of seasonal unemployment. C. money that is paid by the government to people who are unemployed. D. All of these are true.
Companies issue stock because of all of the following except:
A. it allows the owners to raise capital without having to borrow. B. it allows the owners to share the risk of failure. C. it allows the owners to turn an illiquid asset into a liquid one. D. it allows companies to file bankruptcy.