An increase in the value of the U.S. dollar will tend to cause, other things the same ________
A) an increase in the volume of U.S. imports
B) an increase in the volume of U.S. exports
C) an increase in the volume of U.S exports and imports
D) a decrease in the volume o U.S. exports and imports
A
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If property taxes were increased in a city, what would be the most likely effect on residential rents after two or three months? They would probably
A) fall. B) rise in proportion to taxes. C) rise more than in proportion to taxes. D) stay roughly unchanged.
A firm in a market economy must do all of the following to succeed except
A) organize the factors of production into a functioning, efficient unit. B) be organized as a corporation. C) produce the goods and services that consumers want at a lower cost than consumers themselves can produce. D) have access to sufficient funds.