In the figure above, if the exchange rate is equal to 2 Canadian dollars per U.S. dollar, there is a ________ of ________currency and the exchange rate will________
A) surplus; domestic; fall
B) surplus; foreign; fall
C) surplus; domestic; rise
D) shortage; domestic; fall
A
Economics
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Which curve is the same as the market demand curve? Why are the curves the same?
What will be an ideal response?
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The source of the adverse selection problem is ______
a. that individuals with high incomes are able to pay all medical costs out-of-pocket b. that individuals least likely to need health care do not purchase insurance c. individuals lack important information regarding the appropriate health care for them d. individuals desire to have comprehensive health care insurance
Economics