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

Author Question: An increase in a fixed exchange rate from 2.00 per pound to 2.10 per pound is called a(n) ________ ... (Read 186 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
An increase in a fixed exchange rate from 2.00 per pound to 2.10 per pound is called a(n) ________ of the pound.
 
  A) devaluation B) appreciation C) revaluation D) depreciation

Question 2

Refer to Table 4-2. The table above lists the highest prices five consumers are willing to pay for a theater ticket. If the price of one ticket rises from 10 to 19
 
  A) only three tickets will be sold. B) consumer surplus decreases from 31 to 6.
  C) no one will buy a ticket. D) consumer surplus increases from 44 to 71.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

C

Answer to Question 2

B





 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library