Which of the following statements most likely lies within the realm of macroeconomics?
a. An increase in the price of automobiles will lead to a decrease in the quantity of automobiles demanded
b. Due to process innovations in computer chip manufacturing, the market supply of computers increased.
c. Due to an economic recession, manufacturing firms began implementing layoffs of their workforces.
d. Anticipating that the benefits would outweigh costs involved, an undergraduate student purchases the course textbook.
c
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Which of the following statements about the foreign exchange market is correct?
A) The higher the expected future exchange rate, the smaller is the expected profit from holding dollars and so the smaller is the demand for dollars. B) The higher the expected future exchange rate, the greater is the expected profit from holding dollars and so the greater is the demand for dollars. C) The higher the expected future exchange rate, the smaller is the expected profit from holding dollars and so the greater is the demand for dollars. D) The lower the expected future exchange rate, the smaller is the expected profit from holding dollars and so the greater is the demand for dollars. E) The lower the expected future exchange rate, the greater is the expected profit from holding dollars and so the greater is the demand for dollars.
Who still has to economize?
A) The senior citizen who receives a 10% discount at the local coffee shop B) The day-after-Christmas shopper who enjoys sales of up to 70% on holiday merchandise C) Bill Gates D) All of the above. E) None of the above.