Reduced U.S. tastes for European goods would ____ the supply of euros and ____ the demand for euros.
a. decrease; increase
b. not change; increase.
c. increase; increase.
d. not change; decrease.
d
Economics
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An increase in price will result in an increase in total revenue if demand is:
A) perfectly elastic. B) relatively elastic. C) inelastic. D) unit elastic.
Economics
Which of the following would be part of the nation's financial account?
A) A night club show seen by an American in Mexico City B) A dividend from a British equity owned by an American C) A payment to the Philippine government for the use of military bases in their country D) One hundred shares of British Petroleum stock purchased by an American
Economics