A line that slopes downward from left to right has a
A. Slope that changes as you move along the curve.
B. Slope of zero.
C. Positive slope.
D. Negative slope.
Answer: D
Economics
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Everything else equal, if the dollar appreciates against the Chinese yuan:
A) China will stop trading with the U.S. B) China will export more to the U.S. and will import less from the U.S. C) the Chinese government will sell yuan in the foreign exchange market. D) China will import more from the U.S. and will export less to the U.S.
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The free-rider problem may arise in case of ________
A) public goods B) private goods C) club goods D) inferior goods
Economics