The demand curve for U.S. dollars slopes downward because as the dollar ________ U.S. goods become ________ expensive to foreign residents, so they purchase fewer U.S. goods, and the quantity of dollars demanded decreases.
A) appreciates; more
B) appreciates; less
C) depreciates; more
D) depreciates; less
Question 2
Which of the following explains why the demand for loanable funds is negatively related to the real interest rate?
A) A lower real interest rate makes more investment projects profitable.
B) Consumers are willing to spend less and hence save more at higher real interest rates.
C) Interest rate flexibility in financial markets assures an equilibrium in which saving equals investment.
D) All of the above are reasons why the demand for loanable funds is negatively related to the real interest rate.
A sigmoid (cooperative) binding curve
The growth in demand for energy use is met by burning fossil fuels
The growth in demand for oil in China is driven by the growth in demand for personal transport
Normal frequency distribution, characterized by a bell-shaped curve
Construct a Lorenz curve that shows income distribution in this society.
Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus).