Author Question: If Americans decide to buy more South African diamonds, what is the effect in the exchange market? ... (Read 57 times)

Starlight · **on:** Jun 30, 2018

If Americans decide to buy more South African diamonds, what is the effect in the exchange market?
a. It will increase the supply of U.S. dollars.
b. It will decrease the supply of U.S. dollars.
c. It will increase the demand for U.S. dollars.
d. It will decrease the demand for U.S. dollars.

Question 2

Some people working in the underground economy could be counted in labor statistics as unemployed, while others may be counted as not in the labor force.
a. True
b. False
Indicate whether the statement is true or false