The U.S. demand for foreign currency arises from speculation and the
A. Foreign demand for U.S. goods, services, and financial assets.
B. U.S. demand for foreign goods, services, and financial assets.
C. Supply of goods and services from the United States.
D. Foreign demand for U.S. holdings of gold.
Answer: B
Economics
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Rental income includes
A) the payment for the use of land. B) the payment for the use of all rented inputs. C) no income from rental housing because most houses are occupied by their owners. D) Both answers A and B are correct.
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Because most gas stations are small relative to the market in which they operate and gasoline is fairly homogeneous, the market for gasoline is considered to be perfectly competitive
Indicate whether the statement is true or false
Economics