If U.S. monetary authorities want to strengthen the dollar, they will
a. sell dollars in the foreign exchange market
b. buy dollars in the foreign exchange market
c. declare the dollar devalued
d. sell dollars and buy only Euros in the foreign exchange market
e. encourage other central bankers to sell dollars in the foreign exchange market
B
Economics
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For the monopoly shown in the figure above, when it maximizes its profit the marginal cost is ________ per unit and the price is ________ per unit
A) $10; $30 B) $20; $20 C) $10; $20 D) $30; $20.
Economics
The long-run aggregate supply curve is ________, while the long-run Phillips curve is ________
A) vertical; also vertical B) positively sloped; negatively sloped C) positively sloped; positively sloped D) vertical; negatively sloped
Economics