When the British pound rises in value relative to other currencies, then
A) goods imported into Britain rise in price.
B) British exports rise in price.
C) neither British exports nor imports rise in price.
D) both British exports and imports rise in price.
B
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As Goldilocks consumes more gummy bears, her total utility ________ and her marginal utility from gummy bears ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
The International Monetary Fund was created to achieve each of the following goals EXCEPT
A) lend funds to countries with international payment problems. B) lend funds to large government infrastructure projects. C) monitor and offer advice on the exchange rate policies of member nations. D) encourage free convertibility of the currencies of member nations.
The least liquid of the following assets is
a. cash in the hands of the public b. time deposits c. savings accounts d. travelers' checks e. demand deposits
Capital flight shifts the NCO curve to the left
a. True b. False Indicate whether the statement is true or false