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 41 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?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library