This topic contains a solution. Click here to go to the answer

Author Question: If the exchange rate ________, the quantity of dollars demanded ________ and there is a movement up ... (Read 101 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
If the exchange rate ________, the quantity of dollars demanded ________ and there is a movement up along the ________ curve for dollars.
 
  A) falls; increases; supply
  B) rises; increases; demand
  C) falls; decreases; demand
  D) rises; decreases; supply
  E) rises; decreases; demand

Question 2

What is gained when people engage in specialization and trade?
 
  A) Specialization and trade allow people to consume outside their individual production possibilities frontiers.
  B) Specialization and trade allow people to consume at a point on their production possibilities frontiers.
  C) Specialization and trade allow people to produce outside their individual production possibilities frontiers.
  D) Specialization and trade allow people to consume inside their production possibilities frontiers.
  E) There are no gains from specialization and trade.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

E

Answer to Question 2

A




charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library