If there is an increased interest in U.S. goods by Indian consumers, which of the following will happen in the market for Indian rupees?
a. A rightward shift of the supply curve, a depreciation of the rupee, and a larger number of rupees traded
b. A rightward shift of the demand curve, a depreciation of the rupee, and a smaller number of rupees traded
c. A rightward shift of the demand curve, an appreciation of the rupee, and a larger number of rupees traded
d. A leftward shift of the demand curve, a depreciation of the rupee, and a smaller number of rupees traded
e. A leftward shift of the supply curve, an appreciation of the rupee, and a smaller number of rupees traded.
A
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The labor demand curve is downward sloping because as the real wage ________ the amount of labor hired ________
A) falls; decreases B) falls; increases C) rises; remains constant D) rises; increases
Which type of market structure contains a single buyer?
a. Monopoly. b. Monopsony. c. Oligopoly. d. Oligopsony.