« previous next »

Author Question: How does a decrease in the federal budget deficit affect the demand for dollars and the supply of ... (Read 113 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
How does a decrease in the federal budget deficit affect the demand for dollars and the supply of dollars on the foreign exchange market?
 
  A) The demand for dollars falls, and the supply of dollars falls.
  B) The demand for dollars rises, and the supply of dollars falls.
  C) The demand for dollars rises, and the supply of dollars rises.
  D) The demand for dollars falls, and the supply of dollars rises.

Question 2

Refer to Table 4-6. The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are 20 and 30 thousand units.
 
  What is the value of economic surplus in this market?
  A) 600 thousand B) 1,050 thousand C) 1,500 thousand D) 2,100 thousand


TheDev123

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The longest a person has survived after a heart transplant is 24 years.

supply chain supply chain
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Decrease in mean haplotype heterozygosity Decrease in mean haplotype heterozygosity
Video: Heart Chambers

For a complete list of videos, visit our video library