Author Question: In the foreign exchange market, the supply curve for dollars slopes upwards because A) as the ... (Read 130 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
In the foreign exchange market, the supply curve for dollars slopes upwards because
 
  A) as the exchange rate rises, imports become more expensive, and more dollars are supplied to pay for the imports.
  B) as the exchange rate rises, imports become cheaper, and more dollars are supplied to pay for the increase in the quantity of imports.
  C) as the exchange rate rises, more dollars are supplied since the profit from selling dollars falls.
  D) supply curves always slope upwards.

Question 2

Which of the following is NOT a determinant of household saving?
 
  A) the nominal interest rate
  B) disposable income
  C) the household's wealth
  D) expected future income



kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library