An increase in the U.S. interest rate relative to other countries will lead to ________ in the supply of dollars and a ________ in the exchange rate

Higher costs result from a currency union when:

A) nations are economically dissimilar so that demand shocks affect each economy asymmetrically. B) nations are economically similar so that demand shocks affect each economy symmetrically. C) there is intense competition between the economies. D) the currency is pegged to the U.S. dollar.

Capital gains are the profits earned by investors from the sale of stocks, bonds, real estate, or other assets

Indicate whether the statement is true or false