Suppose that the tastes of U.S. beer drinkers shift from domestic brands toward more expensive brands imported from Germany. If this change is large enough, it will cause the ___ for foreign currencies to increase, and the dollar to ________.

A. the demand; appreciate
B. the demand; depreciate
C. the supply; appreciate
D. the supply; depreciate

B. the demand; depreciate

Economics

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Borrowing from other countries can lead to economic growth

Indicate whether the statement is true or false

Economics

Joe is shopping for a new computer. A computer can be delivered to Joe's home for $1,200. Alternatively, Joe can pick up the same computer at the warehouse for $1,000.  How should Joe buy the computer?

A. Joe should drive to the warehouse because $1,000 is less than $1,200. B. Joe should drive to the warehouse if his cost of driving to the warehouse is less than $200. C. Joe should drive to the warehouse because the $200 he would save by driving to the warehouse is more than 10% of the purchase price. D. Joe should drive to the warehouse if his cost of driving to the warehouse is greater than $200.

Economics