If the exchange rate changes from 1.00 euro per dollar to 1.10 euro per dollar, the dollar has
A) depreciated against the euro.
B) appreciated against the euro.
C) fallen inversely in value.
D) appreciated against the dollar.
E) depreciated against the dollar.
B
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Over the twentieth century, growth in per-capita GNP was highest
A) immediately prior to the Great Depression. B) during World War II. C) during the 1960s. D) during the 1980s.
The price per unit times the total quantity sold is
A) average revenue. B) marginal revenue. C) total revenue. D) price revenue.
An increase in the price of plastic raises the cost of manufacturing DVDs. As a result, the market changes to a new equilibrium because of a(n):
a. surplus of DVDs. b. increase in the demand for DVDs. c. leftward shift in the demand curve for DVDs. d. leftward shift in the supply curve for DVDs.
From an accounting point of view, a checking account should be considered part of a bank's
A. profits. B. assets. C. reserves. D. liabilities.