A change in which of the following changes the supply of dollars and shifts the supply curve of dollars?
I. an increase in the exchange rate
II. a change in interest rates
III. a decrease in the expected future exchange rate
A) I
B) I and II
C) II and III
D) I, II, and III
Question 2
The demand for labor curve
A) is downward sloping because productivity of labor diminishes as more workers are employed.
B) is upward sloping and the supply curve of labor is downward sloping.
C) is upward sloping because productivity of labor diminishes as more workers are employed.
D) shifts rightward when the real wage rate rises.
A Dose-Response Curve
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