The interest rate in Canada rises while the interest rate in the United States does not change. The
A) demand curve for Canadian dollars will shift leftward.
B) demand curve for Canadian dollars will shift rightward.
C) demand curve for U.S. dollars will shift rightward.
D) demand curves for both Canadian and U.S. dollars will remain unchanged.
Question 2
Labor growth depends mainly on ________ and labor productivity growth depends mainly on ________.
A) population growth; increases in real GDP
B) population growth; technological advances
C) growth in real GDP per person; growth rate of capital
D) growth in real GDP per person; technological advances
Effects of growth rate on development.
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