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.
B
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Relative growth rates of the standard of living in the United States and Europe indicate that workers in ________ have chosen to "spend" ________ of their higher productivity on leisure rather than on consumption of market goods and services
A) Europe, a significant part B) the United States, a significant part C) Europe, almost none D) the United States, almost all
The three functions of money are medium of exchange,
a. measure of value, and standard of value. b. measure of value, and store of value. c. standard of value, and store of value d. medium of value, and store of value. e. measure of value, and deferred value.