Suppose you observe that with a given supply curve, the Peruvian demand for Argentinean pesos steadily decreases. This will most likely mean:
a. the supply of Peruvian nuevos soles has increased on the foreign exchange market.
b. the Argentinean peso will appreciate in value relative to the Peruvian nuevo sol.
c. the Argentinean peso will depreciate in value relative to the Peruvian nuevo sol.
d. the Peruvian demand for Argentinean goods has increased.
e. the supply of Argentinean pesos has increased on the foreign exchange market.
c
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A price ceiling set above the equilibrium price causes a surplus in the market
a. True b. False Indicate whether the statement is true or false
Which of the following is true?
a. Women are more highly unionized than men. b. A higher percent of white workers belong to unions than do African-American workers. c. The proportion of government employees belonging to a union is substantially higher than the proportion of private-sector workers who are union members. d. There is little difference in incidence of unionization among occupational categories.