Appreciation of the dollar refers to
A. An increase in the dollar price of foreign currency.
B. A loss of foreign exchange reserves.
C. Intervention in international money markets.
D. A fall in the dollar price of a foreign currency.
Answer: D
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If tofu is a normal good, an increase in income will:
a. cause tofu to sell at a lower price. b. increase the production of tofu. c. shift the demand curve for tofu to the left. d. shift the demand curve for tofu to the right. e. rotate the supply curve in a clockwise manner.
According to the classical economists' views of the Federal Reserve, the best countercyclical policy is no countercyclical policy
Indicate whether the statement is true or false
If the real risk-free interest rate rises, the:
a. Demand curve for real loanable funds rises. b. Demand curve for real loanable funds falls. c. Supply curve of real loanable funds falls. d. None of the above.
Which industry was first covered by a free trade agreement between Canada and the United States?
What will be an ideal response?