Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C
B. Falling; A; C
C. Falling; A; B
D. Rising; A; C

Answer: D

Economics

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Indicate whether the statement is true or false

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If the dollar appreciates with respect to the euro, this means that

A. a European vacation for an American will be more expensive. B. it takes fewer dollars to buy the same amount of euros. C. it takes more dollars to buy the same amount of euros. D. it takes the same number of dollars to buy the same number of euros.

Economics