In the above figure, the economy is initially at point B. If the exchange rate falls, there is

If the opportunity cost of working outside the home increases then it is likely that ________ assuming all else equal

A) there will be a rightward shift in the labor supply curve. B) there will be a downward movement along the labor supply curve. C) there will be a leftward shift in the labor supply curve. D) there will be an upward movement along the labor supply curve.

An English auction consists of ________

A) an auctioneer and several bidders B) one auctioneer and one bidder C) few auctioneers and several bidders D) several auctioneers and one bidder