Which of the following will not shift the demand for the euro to the right?
A) an increase in interest rates in the European Union
B) expectations among speculators that the price of the euro will rise in the future
C) an increase in incomes in countries that buy goods from the European Union
D) a decrease in the demand for European goods
D
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Assume an industry initially in equilibrium has a price ceiling imposed at a price below the equilibrium price. Total revenue received by the producers from sales will: a. rise as a result
b. rise as a result only if supply is inelastic. c. rise as a result only if demand is inelastic. d. fall as a result.
Public choice theory focuses on the economics of:
A. fiscal and monetary policy. B. the behavior of business firms. C. antitrust and regulatory policy. D. government decision making, politics, and elections.