The demand for U.S. dollars represents:
A) the demand for U.S. goods and financial assets by households and firms outside the United States.
B) the demand for foreign goods and financial assets by households and firms within the United States.
C) the demand for U.S. goods and financial assets by households and firms within the United States.
D) the willingness of households and firms that own dollars to exchange them for foreign currency.
A
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Firms are not likely to include their sunk costs when calculating their true cost of supplying goods if they
A) are calculating their income for tax purposes. B) have been accused by competitors of "dumping." C) have been accused by customers of "price gouging." D) must request price increases from a regulatory commission. E) want subsidies from the government.
Private goods ____ rival ____ excludable
a. Are, and are b. Are, but are not c. Are not, but are d. Are not, and are not