Under a system of flexible exchange rates, an increase in the foreign demand for the U.S. dollar in the foreign exchange market will cause the:
a. dollar to appreciate
b. dollar to depreciate.
c. U.S. trade deficit to decrease.
d. U.S. inflation rate to increase.
a
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In a political democracy,
(a) only the voting majority is protected but the minority is coerced to protect the majority. (b) the population minority is free to organize and to lobby to achieve goals. (c) there is no unequal distribution of income or wealth. (d) the minority can elect officials.
YearFootballs(in millions)PÂ FootballsBooks(in millions)PÂ BooksNominal GDPReal GDP2000 Base Yr55464949200165465454200276577765200347788462Assume the table has recorded the total output and prices of the only two goods produced. Looking at the figures in the table and using them to construct the GDP deflator, we can note the GDP deflator in 2003 was:
A. 109 B. 105 C. 74 D. 135
Which of the following would likely lead to the greatest improvement in health status of the population in the United States?
a. Higher per capita incomes. b. More spending on public health, such as improved water supply and sanitation. c. More medical care spending overall. d. Improved lifestyles, including reductions in the use of tobacco, alcohol, and drugs. e. More rural hospitals.
Americans love to eat peanut butter & jelly sandwiches. If the price of jelly increases (while other things remain constant), what effect will this have on the market for peanut butter?
a. price rises, quantity falls b. price falls, quantity rises c. both price and quantity fall d. both price and quantity rise e. price rises and quantity remains the same