The demand curve for euros shows
a. a direct relationship between the dollar price of a euro and the quantity of euros demanded
b. an inverse relation between the dollar price of a euro and the quantity of euros demanded
c. that the higher the dollar price of a euro, the greater the quantity demanded
d. that the more expensive it is to buy euros, the larger the quantity of European goods demanded by Americans
e. that the dollar price of the euro is being held fixed by the European Union
B
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The demand for computers increases. As a result
A) the quantity demanded of workers increases, the wage rate rises, and the supply of labor increases. B) the demand for workers increases, hiring increases, but wages stay the same since each firm faces a horizontal supply curve of labor. C) the wage rate increases in the industry and the quantity demanded of workers falls. D) the wage rate increases in the industry and the quantity supplied of workers increases.
New growth theory differs from traditional growth theory in that
What will be an ideal response?