Consider the market for dollars. If the exchange rate rises from 2 pesos per dollar to 4 pesos per dollar
A) the supply curve of dollars shifts leftward.
B) the supply curve of dollars shifts rightward.
C) there is an upward movement along the supply curve for dollars.
D) there is a downward movement along the supply curve for dollars.
C
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Which of the following regions tended to support federal construction of a system of roads in the 19th century?
a. the South b. New England c. Mid-Atlantic states, including New York and Pennsylvania d. the West e. All of the above.
A budget constraint is:
A. a line that is composed of all the possible combinations of goods and services that maximize a consumer’s total utility. B. a line that is composed of the additional utility gained from consuming possible combinations of goods and services that a consumer can buy with his or her income. C. a line that is composed of all the possible combinations of goods and services that a consumer can buy with his or her income. D. a line that is composed of the total utility gained from consuming all possible combinations of goods and services that a consumer can buy with his or her income.