Author Question: In the foreign exchange market, a decrease in the supply of dollars leads to an appreciation of the ... (Read 107 times)

mmm · **on:** Jun 29, 2018

In the foreign exchange market, a decrease in the supply of dollars leads to an appreciation of the U.S. dollar.

Indicate whether the statement is true or false

Question 2

In a perfectly competitive market, which of the following will increase the economic profit the firms make in the short run?

A) a decrease in market demand
B) an increase in market demand
C) an increase in labor costs
D) an increase in the number of firms