________ in the domestic interest rate causes the demand for domestic assets to decrease and the domestic currency to ________, everything else held constant
A) An increase; appreciate
B) An increase; depreciate
C) A decrease; appreciate
D) A decrease; depreciate
D
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Refer to the scenario above. The housekeeper behaves in this particular way due to the ________
A) existence of asymmetric information B) presence of a positive externality C) presence of a free-rider problem D) existence of high incentive to work
The price of a ticket to the Beyoncé concert is set at $55. All the tickets for the concert sell out one hour after they go on sale and there are still 1,000 fans who want to buy tickets. It follows that the:
A. quantity of tickets demanded is equal to the quantity supplied at the $55 price. B. equilibrium price of tickets to the concert is $55. C. equilibrium price of tickets to the concert is more than $55. D. equilibrium price of tickets to the concert is less than $55.