In the above figure, the equilibrium level of labor is

When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off

a. True b. False Indicate whether the statement is true or false

When a country suffers from capital flight, the exchange rate

a. depreciates, because demand in the market for foreign-currency exchange shifts left. b. depreciates, because supply in the market for foreign-currency exchange shifts right. c. appreciates, because demand in the market for foreign-currency exchange shifts right. d. appreciates, because supply in the market for foreign-currency exchange shifts left.