Discretionary policy deficits are associated with:
a. increases in national saving.
b. higher prices

In the figure above, the shift in the supply curve for U.S. dollars from S0 to S1 could occur when

A) the U.S. interest rate rises. B) foreign interest rates rise. C) the expected future exchange rate falls. D) the current exchange rate rises.

A minimum wage set above the equilibrium wage rate has no effect

Indicate whether the statement is true or false