The equilibrium exchange rate is 0.70 euros per dollar. At this exchange rate, the quantity demanded equals the quantity supplied and is 1.3 trillion a day. If the exchange rate is now 0.60 euros per dollar, then
A) there is a shortage of dollars and the exchange rate rises.
B) there is a shortage of dollars and the exchange rate falls.
C) there is a surplus of dollars and the exchange rate rises.
D) there is a surplus of dollars and the exchange rate falls.
E) there is no change.
Question 2
As an economy grows,
A) its PPF does not shift; instead, the production point moves from inside the PPF to be closer to the PPF.
B) the opportunity cost of production will approach 0.
C) it can eliminate scarcity.
D) its PPF shifts outward.
E) the opportunity cost of production will increase.
Visualization of heat exchange in an ectotherm and an endotherm.
Gas exchange
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Advection of an air mass with a different ELR (environmental lapse rate).
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Write the acidic equilibrium equation for HC₆H₅O.