The exchange rate increases when there is a decrease in the demand for bonds.

A competitive employer should hire additional labor as long as:

A. the MRP exceeds the wage rate. B. the wage rate is less than MP. C. average product exceeds MP. D. MC exceeds MR.

Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market?

a. Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous.
b. Equilibrium price would increase, but the impact on equilibrium quantity would be ambiguous.
c. Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous.
d. Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.