Of the following, when would the U.S. exchange rate rise the most?
A) when the supply of and demand for U.S. dollars increase
B) when the supply of U.S. dollars increases and the demand for them decreases
C) when the supply of U.S. dollars decreases and the demand for them increases
D) when the supply of and demand for U.S. dollars decrease
C
You might also like to view...
Under current tax law individuals do not pay taxes on health insurance benefits they receive from their employers. As a result
A) the quality of health care provided is less than it would be if benefits were taxed. B) politicians are encouraged to raise income and payroll taxes. C) individuals are encouraged to want generous health coverage that reduces their incentives to cut costs. D) the federal government spends more than it receives in tax revenue.
Among arguments for and against advertising, both sides agree that advertising leads to
a. higher prices and less competitive markets. b. higher prices and more competitive markets. c. lower prices and more competitive markets. d. None of the above is correct. The debate fails to resolve the question of advertising's effect on prices and competition.