The demand for Canadian cheese by a U.S. store is also a
A) demand for Canadian dollars.
B) demand for SDRs.
C) supply of U.S. dollars.
D) supply of Canadian dollars.
A
You might also like to view...
What did Milton Friedman and E.S. Phelps argue with respect to the Phillips Curve?
A) The inverse relationship between unemployment and inflation only holds in the long run. In the short run, unemployment and inflation are positively related. B) The inflation rate will consistently be 2 percentage points below the unemployment rate. C) Economic participants would soon understand activist policymakers' strategy and revise their expectations, making discretionary efforts to fine-tune the economy ineffective. D) The Phillips Curve could accurately guide activist policy makers over the long run.
When Americans increase their demand for Japanese goods
A) the demand for dollars will rise, and the demand for yen will rise. B) the supply of dollars will rise, and the demand for yen will rise. C) the demand for dollars will fall, and the demand for yen will rise. D) the supply of dollars will fall, and the demand for yen will fall.