This topic contains a solution. Click here to go to the answer

Author Question: Suppose the current exchange rate between the euro and the United States dollar is 1.15 euros per ... (Read 103 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
Suppose the current exchange rate between the euro and the United States dollar is 1.15 euros per dollar. If interest rates in the United States increase and interest rates in Europe remain unchanged then
 
  A) the demand for dollars will increase.
  B) the demand for dollars will decrease.
  C) the demand for euros will increase.
  D) None of the above answers is correct.

Question 2

In the above figure, the short-run aggregate supply curve is SAS1. If technology advances, there is
 
  A) an upward movement along SAS1.
  B) a downward movement along SAS1.
  C) a shift to SAS0.
  D) a shift to SAS2.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

D




Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

For a complete list of videos, visit our video library