The U.S. real interest rate rises relative to the British real interest rate. British net exports ________ and the British exchange rate ________

If the expected future exchange rate rises, the currency's

A) quantity supplied increases. B) supply decreases. C) supply increases. D) exchange rate falls.

Which of the following is an accurate statement about the fallacy of composition?

a. Group plans are often thwarted by individual behavior. b. Individual behavior is easier to predict than group behavior. c. The motivation for individuals changes when they become part of a group. d. Individual truth and group truth are often different.