A supply curve that is parallel to the quantity axis is

If real interest rates in the United States fell and real interest rates in England rose, we would expect people to: a. increase their demand for British pounds. b. borrow more from U.S. sources

c. buy relatively more British assets. d. all of the above

If you wear your favorite clothes first and eat your favorite food before the food you prefer less you most likely have a

A. a neutral time preference. B. time preference that varies depending on whether you are eating or dressing. C. a negative time preference. D. positive time preference.