The value of net exports increases when the value of ________
A) exports of goods and services minus imports of goods and services decreases
B) imports of goods and services increase
C) imports of goods and services decrease
D) exports of goods and services decrease
C
Economics
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Price elasticity of demand is useful because it measures __________ responsiveness to changes in __________
a. taxpayers'; demand b. producers'; supply c. consumers'; price d. consumers'; demand e. producers'; income
Economics
Suppose that the dollar-yen spot exchange rate is $0.05/¥ and the 90-day forward exchange rate is $0.06/¥. Assuming that covered interest parity holds, use the exact covered interest differential equation to determine whether Japanese interest rates are higher or lower than U.S. interest rates.
What will be an ideal response?
Economics