The ________ the expected future exchange rate, the greater is the expected profit from holding dollars and so the ________
A) higher; demand curve for dollars shifts rightward
B) lower; supply curve of dollars shifts rightward
C) higher; demand curve for dollars shifts leftward
D) higher; supply curve of dollars shifts rightward
E) lower; demand curve for dollars shifts leftward
A
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How did the pill make it easier for women to participate in the paid labor force?
A. By changing cultural attitudes toward women B. By reducing the rate of marriage and forcing women to work C. By giving women more control over when children were born D. By allowing women a means to have fewer children
Refer to Figure 4-4. The figure above represents the market for iced tea. Assume that this is a competitive market. If the price of iced tea is $1
A) not enough consumers want to buy iced tea. B) the quantity supplied is economically efficient but the quantity demanded is economically inefficient. C) economic surplus is maximized. D) the quantity supplied is less than the economically efficient quantity.