If the exchange rate rises, then the quantity of dollars demanded ________ because with the higher U.S. exchange rate, U.S. exports ________

In the figure above, with international trade U.S. companies buy ________ helicopters per year

A) 240 B) 480 C) 720 D) 360

Most markets involve the use of money for transactions because:

a. goods and services can be exchanged more easily with money than without it. b. goods and services cannot be exchanged without money. c. using money requires a double coincidence of wants. d. the transaction costs of using money are very high. e. the value of money remains same across countries over time.