In this production possibilities curve, studying zero hours for history will ______.
a. provide the opportunity to earn the highest economics grade
b. result in earning the same grade for each class
c. lower both the history and the economics grade
d. make it impossible to earn a passing grade in either class
a. provide the opportunity to earn the highest economics grade
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Import quotas on sugar result in lower sugar prices in the United States
a. True b. False
If one dollar is initially equal in value to one euro and demand for euros increases, then each dollar will be worth
a. more than one euro, and European imports will be cheaper in the United States b. less than one euro, and European imports will be more expensive in the United States c. more than one euro, and European imports will be more expensive in the United States d. less than one euro, and European imports will be cheaper in the United States e. the same as the euro, and there will be no change in the values of imports or exports