Under uncovered interest parity, if the domestic interest rate is greater than the foreign interest rate, then exchange rates are:

Refer to the above figure. The figure represents the consumption function for a consumer. Point A represents

A) positive saving. B) negative consumption. C) autonomous consumption. D) zero saving.

Refer to the above figure. S1 is the supply curve that includes only private costs. S2 is the supply curve that includes social costs. From this figure we know that

A) an external benefit exists. B) private costs are less than social costs. C) private costs equal social costs. D) private costs are greater than social costs.