The U.S. dollar will appreciate if
a. the U.S. demand for foreign exchange decreases
b. the U.S. demand for foreign exchange increases
c. the U.S. supply of foreign exchange decreases
d. Americans want to buy more foreign goods
e. foreigners want fewer American goods
A
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The quantity theory of money predicts that in the ________, a 10 percent increase in the quantity of money leads to a 10 percent increase in ________
A) long run; real GDP B) short run; velocity C) long run; velocity D) long run; price level
The United States and the United Kingdom are two major __________-oriented systems
A) securities B) equities C) banking D) markets
The difference in land prices between Washington, D.C., and Tulsa, Oklahoma, is an example of a permanent resource price differential
a. True b. False
As the proportion of women preparing for careers as professionals increases,
a. their years of work experience will become more similar to men. b. the female/male earnings ratio will rise. c. their level of human capital will become more similar to men. d. all of the above.