Which of the following is a reason why an American would demand British pounds?
a. To purchase British real estate
b. To purchase Japanese semiconductors
c. To purchase French government bonds
d. To purchase stocks on the New York Stock Exchange
e. To purchase a ticket to see a British film in the U.S.
A
Economics
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What will be an ideal response?
Economics
In the late 1990s, the more than expected increases in tax revenues were the result of
a. rapid economic growth. b. rapid increases in the national debt. c. rising rates of inflation, and therefore, nominal incomes. d. rising balance of trade surpluses and the import duties they generated.
Economics