Which of the following is not assumed constant along the U.S. demand curve for foreign exchange?
a. the exchange rate
b. U.S. interest rates
c. expected U.S. inflation
d. expected foreign inflation
e. increase in U.S. income
A
Economics
You might also like to view...
If a bank receives a new transaction deposit of $10,000 and the reserve ratio is 15 percent, then the bank could expand its loans by as much as
A) $8,500. B) $1,500. C) $66,700. D) $15,000.
Economics
If a city decides to lift restrictions on how many taxi cabs can operate, social welfare will increase
Indicate whether the statement is true or false
Economics