The quantity supplied of a good is the amount that
a. buyers are willing and able to purchase
b. sellers are able to produce.
c. buyers and sellers agree will be brought to market.
d. sellers are willing and able to sell.
c
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Refer to Figure 19-6. Which of the following would cause the change depicted in the figure above?
A) Dumping accusations result in the United States placing tariffs on produce imported from Mexico. B) An increase in investment in infrastructure causes U.S. productivity to rise relative to Mexican productivity. C) A declining preference for Kentucky bourbon causes Mexican consumers to decrease their preferences for U.S.-produced alcohol relative to Mexican-produced alcohol. D) A contractionary monetary policy causes a decrease in the price level of U.S. goods relative to Mexican goods.
Which of the following should depreciate a county's currency?
a. an increase in its government budget deficit. b. a decrease in its money supply. c. an increase in economy growth. d. an increase in import tariffs. e. none of the above.