With the relative PPP, a rise in a nations inflation rate is always associated with an increase in the _____ if its currency

Suppose that while vacationing in Switzerland, you won 9,375 Swiss francs, which is the equivalent of $8,000. When you return to the United States, you deposit the $8,000 into your checking account

If the required reserve ratio is 15 percent, this would increase your bank's A) assets by $1,200. B) required reserves by $8,000. C) excess reserves by $8,000. D) liabilities by $8,000.

Which of the following examples best describes the Law of Demand?

A) When John's income doubles, his telephone bill also doubles. B) When the price of bread doubles, John's consumption of bread halves. C) When the price of watches increases, a local manufacturer starts offering more watches for sale. D) When a new anti-tobacco commercial is released, the consumption of tobacco products decreases sharply.