If interest rates in the U.S. increases relative to interest rates in Europe:

A. the price of U.S. assets should increase.
B. the supply of euros on the foreign exchange market would increase.
C. the demand for dollars on the foreign exchange market would increase.
D. all of the answers given are correct.

Answer: D

Economics

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Historically barriers to development in the U.S., such as the dry deserts of some of the country's western states, have been solved by

(a) only government action. (b) only private action. (c) a blend of government and private actions. (d) foreign expertise.

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Which of the following is generally considered the most regressive type of tax?

a. gift tax b. federal income tax c. excise tax d. payroll tax

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