According to the factor price equalization theorem, free international trade will result in wages equating rents worldwide

Which of the following would cause an increase in the demand for U.S. dollars?

A. An interest rate cut in the United States B. An interest rate cut in Europe C. An interest rate increase in Europe D. A recession in Europe

Refer to the information provided in Figure 26.3 below to answer the question(s) that follow. Figure 26.3Refer to Figure 26.3. Hurricane Katrina destroyed a large portion of the infrastructure along the Gulf of Mexico coast. This caused

A. the short-run aggregate supply curve to shift from AS1 to AS0. B. the economy to move from Point B to Point A along AS1. C. the short-run aggregate supply curve to shift from AS1 to AS2. D. the economy to move from Point C to Point B along AS1.