The belief that the U.S price level will rise in the future will tend to cause, other things the same ________
A) no change in the value of the U.S. dollar
B) an increase in the value of the U.S. dollar
C) no change in the value of the U.S. dollar in the short-run
D) a decrease in the value of the U.S. dollar
D
Economics
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Refer to the figure above. This country's exports equal
A) CE units of X. B) GH units of Y. C) CD units of X. D) DE units of Y.
Economics
If the price elasticity of supply is zero, then
a. supply is more elastic than it is in any other case. b. the supply curve is horizontal. c. the quantity supplied is the same, regardless of price. d. a change in demand will cause a relatively small change in the equilibrium price.
Economics