Since Germany is a large open economy, the increase in German borrowing and investment in what was formerly East Germany in the early 1990s resulted in
A) a decline in the world real interest rate.
B) a shift to the right in the German supply of loanable funds curve.
C) an increase in the real interest rate in the United States.
D) a shift to the left in the German demand for loanable funds curve.
C
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The supply of the U.S. dollar on the foreign exchange market is generated by:
a. demand for U.S. exports. b. the U.S. demand for the products and financial assets of other countries. c. the U.S. demand for domestic goods and services. d. foreign demand for U.S. products. e. foreign demand for U.S. financial assets.
Overfishing in the ocean often
a. is easily solved by shortening the fishing season. b. is not caused by better technologies, which today's fishers would not use if they harmed the resource. c. occurs only when regulators fail to regulate due to corruption. d. is caused by many boats racing to catch more fish in a very short season.