Author Question: If a hotel room priced at 120,000 Venezuela bolivar per night can be purchased for 80 U.S. dollars, ... (Read 63 times)

karen

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If a hotel room priced at 120,000 Venezuela bolivar per night can be purchased for 80 U.S. dollars, the exchange rate is:
 a. 9,600 bolivar per dollar. b. 1,500 dollars per lira.
  c. 1,500 bolivar per dollar. d. .00066 bolivar per dollar.

Question 2

Which of the following would shift the investment demand curve leftward?
 a. An increase in business taxes.
  b. A decrease in business taxes.
  c. A tax credit for new investment.
  d. Firms are operating their plants at full capacity.



pocatato

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Answer to Question 1

c

Answer to Question 2

a



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