The demand for foreign currency in the United States is based on the demand for:
a. domestic goods and services.
b. domestic exports.
c. gold.
d. foreign goods and services.
e. U.S. dollars.
d
Economics
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When comparing a $100 billion increase in government expenditure to a $100 billion decrease in tax revenue, the effect of the increase in government expenditure on aggregate demand is
A) greater than the effect of the tax decrease. B) equal to the effect of the tax decrease. C) less than the effect of the tax decrease. D) positive whereas the effect of the tax decrease is negative. E) negative whereas the effect of the tax decrease is positive.
Economics
Monopsonists tend to exploit the resources as they are the sole employers of the resources
a. True b. False Indicate whether the statement is true or false
Economics