Author Question: If U.S. interest rates are rise relative to foreign interest rates, in the foreign exchange market ... (Read 212 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
If U.S. interest rates are rise relative to foreign interest rates, in the foreign exchange market the demand for U.S. dollars will decrease.
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements is TRUE for both a competitive market and a single-price monopoly?
 
  A) The firm maximizes profit by producing the quantity at which marginal revenue equals marginal cost.
  B) The firm can make an economic profit in the long run.
  C) The price is set where the supply curve and demand curve intersect.
  D) The firm always produces at the lowest possible long-run average cost.



Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

FALSE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library