Which of the following would cause the dollar to appreciate?
A) an increase in the demand for imports from foreign countries
B) an increase in the demand for dollars
C) a decrease in the demand for dollars
D) an increase in the supply of dollars
B
Economics
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Refer to the scenario above. If the rules of the gamble are changed such that in the case of heads, the individual wins $100, and in the case of tails, the individual loses $50, the expected value of the gamble changes to:
A) $0. B) $25. C) $50. D) $75.
Economics
You draw colored balls out of a bag. You draw a red ball 30% of the time and a blue ball 70% of the time. For each draw, the blue outcome and the red outcome are
A) mutually exclusive. B) exhaustive. C) Both A and B. D) None of the above.
Economics