American farmers who sell beef to Europe benefit most from
A) a decrease in the dollar price of euros.
B) an increase in the dollar price of euros.
C) a constant dollar price for euros.
D) a European ban on imports of American beef.
B
You might also like to view...
The ________ of the U.S. economy during World War II, with its vast defense spending, ________ of Keynesian macroeconomics
A) continued stagnation, established the supremacy B) continued stagnation, was the demise C) rapid recovery, established the supremacy D) rapid recovery, was the demise
What is the best response of firm A, given firm B is charging a High Price?
a. Charge a low price b. Charge a high price c. Charge zero, give the good away d. All of the above
The existence of an inflationary gap would tend to benefit most
A. bankers. B. retired persons. C. unemployed workers. D. stock owners.
In the long run, the price charged by a monopolistic competitor will: a. equal marginal cost
b. equal average total cost. c. equal marginal revenue. d. be characterized by both b. and c.