Author Question: If U.S. interest rates are rise relative to foreign interest rates, in the foreign exchange market ... (Read 211 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
If U.S. interest rates are rise relative to foreign interest rates, in the foreign exchange market the demand for U.S. dollars will decrease.
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements is TRUE for both a competitive market and a single-price monopoly?
 
  A) The firm maximizes profit by producing the quantity at which marginal revenue equals marginal cost.
  B) The firm can make an economic profit in the long run.
  C) The price is set where the supply curve and demand curve intersect.
  D) The firm always produces at the lowest possible long-run average cost.



Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

FALSE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

For a complete list of videos, visit our video library