Tom and Billy are playing a game. They both toss a coin simultaneously. If both are heads or tails, Tom wins. If the results of the tosses are different, Billy wins. This is an example of a(n) ________

Suppose real disposable income increases by $1,000. Given this information, we know that

A) consumption will generally increase by more than $1,000. B) saving will generally increase by exactly $1,000. C) consumption will generally increase by exactly $1,000. D) consumption will generally increase by less than $1,000.

Suppose the United States experiences a rise in the U.S. dollar price of foreign exchange.

A) This means that the U.S. exchange rate has risen and the U.S. dollar buys more foreign currency. B) This means that the U.S. exchange rate has risen and the U.S. dollar buys less foreign currency. C) This means that the U.S. exchange rate has fallen and the U.S. dollar buys more foreign currency. D) This means that the U.S. exchange rate has fallen and the U.S. dollar buys less foreign currency.