If a British student pays her way to attend Harvard University, ...

[j.rubin]

If a British student pays her way to attend Harvard University, her actions will:
 a. create a supply of dollars and a demand for pounds in the foreign currency market.
  b. create a supply of pounds and a demand for dollars in the foreign currency market.
  c. cause the British pound to appreciate.
 d. cause the U.S. dollar to depreciate.

Question 2

The official unemployment rate may not reflect the true state of unemployment because:
 a. Some workers may go through the motions of looking for work to keep their unemployment benefits, but not actually be looking for work.
  b. Some people who are working in the underground economy may be classified as unemployed.
 c. Some may leave the labor force and go back to school only because job conditions are currently poor.
 d. all of the above.

[raenoj]

Answer to Question 1

b

Answer to Question 2

d

[j.rubin]

Excellent

[tranoy]

TYSM