Louise is unemployed due to a decrease in the demand for workers with a knowledge of a certain word processing language. This is an example of:

Which of the following is not a reason why residents of other countries desire to acquire dollars?

a. foreigners need dollars to purchase U.S. goods and services b. dollars can be used as a safe way of storing value when the foreigner's own currency is unstable c. dollars are accepted as an international medium of exchange d. dollars can be used for cash gifts from foreigners to U.S. friends and relatives e. dollars are the only currency accepted in international transactions

The consumption of a club good like cable television: a. is nonexcludable and nonrivalrous. b. is excludable and rivalrous

c. is excludable and nonrivalrous. d. is nonexcludable and rivalrous. e. gives rise to the free rider problem.