An economic boom in America should increase the

a. demand for U.S. dollars.
b. demand for U.S. goods and services.
c. demand for foreign currencies.
d. supply of foreign currencies.

c

Economics

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At what quantity is the firm indifferent between the two technologies?

a. 10 b. 2 c. 5 d. 8

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Which of these changes is observed in an economy when a recessionary gap is closed in the long run?

a. An increase in the inflation rate and a decrease in the unemployment rate b. An increase in the level of output and a decrease in the price level c. An increase in both the rate of output and the price level d. A decrease in both the rate of output and the price level e. A decrease in the inflation rate and an increase in the unemployment rate

Economics