An open market purchase by the Fed causes the value of the dollar ...

[leo leo]

An open market purchase by the Fed causes the value of the dollar to
 
  A) rise, increasing net exports. B) fall, reducing net exports.
  C) rise, reducing net exports. D) fall, increasing net exports.

Question 2

The table above gives the labor market for a small foreign economy. A minimum wage law that sets the minimum wage at 8.50 per hour produces
 
  A) a labor surplus of 65 million hours.
  B) a labor shortage of 25 million hours.
  C) a labor surplus of 0.50 per hour.
  D) a labor surplus of 25 million hours.
  E) equilibrium in the labor market.

[ecabral0]

Answer to Question 1

D

Answer to Question 2

D

[leo leo]

Thank you

[ecabral0]

Happy to help you