Which of the following statements is correct? I. A drop in the foreign exchange value of the dollar would decrease aggregate demand II. A decrease in the amount of money in circulation would increase aggregate demand

One result of asymmetric information in the market for used cars is that

a. few used cars are offered on the market b. few lemons are sold c. more lemons may be offered for sale than good cars d. buyers benefit at the expense of sellers e. good cars will sell for more than they are worth

If the price of a cup of Dunkin' Donuts coffee increases while the price of a Starbucks latte is unchanged, we expect the number of lattes purchased at Starbucks to:

A. increase as some people switch from Dunkin' Donuts coffee to Starbucks lattes. B. decrease as some people switch from Dunkin' Donuts coffee to the Starbucks lattes. C. decrease as some people have less money to spend on caffeinated beverages. D. decrease as some people switch from Starbucks lattes to Dunkin' Donuts coffee.