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

Author Question: Of the following, when would the U.S. exchange rate rise the most? A) when the supply of and ... (Read 76 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
Of the following, when would the U.S. exchange rate rise the most?
 
  A) when the supply of and demand for U.S. dollars increase
  B) when the supply of U.S. dollars increases and the demand for them decreases
  C) when the supply of U.S. dollars decreases and the demand for them increases
  D) when the supply of and demand for U.S. dollars decrease

Question 2

Currently tire producers must receive a price of 50 per tire to produce 5000 tires. If the supply curve of tires is upward sloping, then to produce one additional tire, tire producers will need to receive a price of
 
  A) 50.
  B) less than 50.
  C) more than 50.
  D) 0.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

todom5090

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

C

Answer to Question 2

C




todom5090

  • Sr. Member
  • ****
  • Posts: 328

 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

For a complete list of videos, visit our video library