Holders of a foreign currency are willing to supply that currency to Americans in exchange for dollars

a. only because they want to buy American goods
b. only because they want to purchase American services
c. primarily because they want to purchase American assets
d. because they want to purchase American goods, services and assets
e. because their governments force them to do so

D

Economics

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Why do workers exert more effort when they are paid higher salaries?

What will be an ideal response?

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Refer to the above figure. Line C in Panel B does NOT represent

A) the equilibrium price. B) average revenue. C) total revenue. D) marginal revenue.

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