In the foreign exchange market, as the U.S. exchange rate rises, other things remaining the same, the
A) quantity of dollars demanded decreases.
B) demand curve for dollars shifts rightward.
C) demand curve for dollars shifts leftward.
D) supply curve of dollars shifts rightward.
E) quantity of dollars demanded increases.
A
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Why is price discrimination legal but not discrimination based on race or gender?
A) because price discrimination enables firms to increase output and employment, but race- or gender-based discrimination reduces employment B) because price discrimination reduces deadweight loss, but discrimination based on race or gender increases deadweight loss C) because price discrimination involves charging people different prices based on their willingness to pay rather than on the basis of arbitrary characteristics D) because price discrimination increases profits and therefore tax revenues for the government, but discrimination based on race or gender reduces tax revenues
If someone told you that France's government budget was similar to the U.S. budget, you would know that the highest category of government spending in France is for
a. national security b. net interest payments on the national debt c. income support, Social Security, and welfare d. veterans' benefits e. transportation