Which of the following would NOT be a cause for an increased American demand for the Mexican peso?
A) The United States having lower interest rates than Mexico
B) Increased American demand for Mexican goods
C) The expectation by speculators that the value of the peso is edging up
D) More economic expansion in the United States
E) None of the above.
D
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Wealthy consumers do not have to make decisions on what to buy or how much to save
a. True b. False Indicate whether the statement is true or false
A positive temporary supply side shock will:
A. increase the level of potential output in the long run. B. decrease the price level in the long run. C. increase the price level in the long run. D. have no effect in the long run.
Each of the following is a requirement of a gold standard except
A. a nation defines its currency in terms of gold. B. a nation must maintain a fixed ratio between its gold stock and its money supply. C. a nation must maintain a constant average price level. D. there must be no barriers to the free flow of gold into and out of the country.
Refer to the information provided in Figure 15.2 below to answer the question(s) that follow. 
Figure 15.2 Refer to Figure 15.2. The profit-maximizing number of perms for We Do Hair, a monopolistically competitive firm, is
A. 60. B. 50. C. 46. D. 40.