When the effects of the global financial crisis started to spread more quickly throughout the rest of the world, the U.S. dollar ________ because demand for U.S. assets ________
A) appreciated; increased
B) depreciated; increased
C) appreciated; decreased
D) depreciated; decreased
A
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The upward slope of the supply curve of a good shows:
a. the negative relationship between the price of the good and its quantity supplied. b. the positive relationship between the price of the good and its quantity supplied. c. the negative relationship between the price of the good and the price of its substitute. d. the positive relationship between the price of the good and the price of its substitute.
Explain the reasoning behind the shutdown rules. When is it appropriate to operate with a loss?
What will be an ideal response?
Public utilities
A. are primarily regulated natural monopolies. B. are competitive firms. C. experience only insignificant economies of scale in production. D. are seldom regulated.
The division of productive activities among persons and regions so that no one individual or area is totally self—sufficient is known as
A) advantage-taking. B) comparative value. C) specialization. D) out—sourcing.