A depreciation of the U.S. dollar relative to the euro would tend to
A) increase U.S. imports from Germany.
B) increase U.S. exports to Germany.
C) decrease U.S. exports to Germany.
D) increase both U.S. imports from Germany and U.S. exports to Germany.
B
Economics
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Refer to Figure 12-5. The firm's manager suggests that the firm's goal should be to maximize average profit. If the firm does this, what is the amount of profit that it will earn?
A) $6,600 B) $6,750 C) $12,150 D) $36,000
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Which of the following would lead a utility-maximizing consumer to search for additional information?
a. an increase in income b. an increase in the marginal cost of information c. improved technology (e.g., Internet search programs) d. a reduction in the dispersion of prices e. an increase in the consumer's wage rate
Economics