A graph with a positive slope indicates that the variables depicted on the axes move in the same directions
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
Foreign exchange means
a. changing dollars into foreign currency b. domestic currency held to finance international trade c. foreign currency d. trade between governments e. trade between individuals in different countries
Economics
Other things equal, increased exports of Japanese products to the United States will:
A. Increase the supply of Japanese yen in the foreign exchange market B. Increase the demand for Japanese yen in the foreign exchange market C. Increase the demand for U.S. dollars in the foreign exchange market D. Have no effect on either the supply or demand for Japanese yen or American dollars
Economics