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

Author Question: The import demand curve determines the ________ in the same way that the export supply curve ... (Read 132 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
The import demand curve determines the ________ in the same way that the export supply curve determines the ________.
 
  A) supply of foreign exchange; demand for foreign exchange
  B) supply of domestic currency; demand for domestic currency
  C) demand of foreign exchange; supply for foreign exchange
  D) demand of domestic currency; supply for domestic currency

Question 2

Which line in the figure shows a more elastic supply for euros?
 
  A) Line S
  B) Line S'
  C) There elasticities are the same.
  D) This cannot be determined from the graph.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

A

Answer to Question 2

B





 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library