The demand for foreign currency in the United States is a
A) direct demand.
B) derived demand based on the demand for U.S. products.
C) derived demand based on the demand for foreign products.
D) direct demand based on the demand for U.S. dollars.
C
Economics
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In the figure above, what is the size of the multiplier?
A) 0.25 B) $2 trillion C) 4.0 D) $0.5 trillion E) More information is needed to determine the size of the multiplier.
Economics
If the price of automobiles were to increase substantially, the demand curve for gasoline would most likely
A) shift leftward. B) shift rightward. C) remain unchanged. D) become steeper.
Economics