Which factor of production earns profit?
A) land
B) human capital
C) money
D) entrepreneurship
Question 2
Today the U.S. dollar is worth 1.5 Canadian dollars. Because of changes in economic conditions, people come to believe that by the end of the month the U.S. dollar will be worth 1.2 Canadian dollars. This belief
A) increases the demand for U.S. dollars today.
B) decreases the demand for U.S. dollars today.
C) decreases the demand for Canadian dollars today.
D) decreases the value of exports to Canada.
