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Author Question: Of the following, when would the U.S. exchange rate rise the most? A) when the supply of and ... (Read 40 times)

hbsimmons88

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on: Jun 29, 2018
Of the following, when would the U.S. exchange rate rise the most?
 
  A) when the supply of and demand for U.S. dollars increase
  B) when the supply of U.S. dollars increases and the demand for them decreases
  C) when the supply of U.S. dollars decreases and the demand for them increases
  D) when the supply of and demand for U.S. dollars decrease

Question 2

Currently tire producers must receive a price of 50 per tire to produce 5000 tires. If the supply curve of tires is upward sloping, then to produce one additional tire, tire producers will need to receive a price of
 
  A) 50.
  B) less than 50.
  C) more than 50.
  D) 0.


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todom5090

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


hbsimmons88

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Reply #2 on: Jun 29, 2018
Correct answers!


todom5090

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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