This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the three basic economic questions that must be answered by all societies? What will be ... (Read 138 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
What are the three basic economic questions that must be answered by all societies?
 
  What will be an ideal response?

Question 2

Currency traders expect the dollar to depreciate. What impact will this have on equilibrium in the foreign exchange market?
 
  A) The dollar will appreciate, and the equilibrium quantity of dollars will increase.
  B) The dollar will depreciate, and the equilibrium quantity of dollars exchanged will decrease.
  C) The dollar will appreciate, and the equilibrium quantity of dollars will decrease.
  D) The dollar will depreciate, and the change in the equilibrium quantity of dollars exchanged cannot be determined.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

(1.) What will be produced?
(2.) How will it be produced?
(3.) Who will get what is produced?

Answer to Question 2

D


frankwu

  • Member
  • Posts: 549
Reply 2 on: Jun 29, 2018
:D TYSM

isabelt_18

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

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Anatomy and Physiology questions Anatomy and Physiology questions
Economic and Social Development Economic and Social Development
Basic sliding effleurage to the lower leg. Apply from heel of foot to knee. Conform hands to contour ... Basic sliding effleurage to the lower leg. Apply from heel of foot to knee. Conform hands to contour ...
Relationship between Economic Openness and GDP per Capita Relationship between Economic Openness and GDP per Capita
economic question economic question
I need help soon some questions attached I need help soon some questions attached
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library