If Brazil experienced a period of rapid and unexpected inflation, causing Brazilians to lose confidence in the local currency (real) as a store of value, which of the following would be least likely to occur?
a. The value of the Brazilian real would depreciate on the foreign exchange market.
b. Foreign currency would be used as a substitute for the real.
c. The real would be used as a store of value in other countries
d. Brazilians would save less.
e. The purchasing power of the real would decrease.
Question 2
If a shortage exists in a market, then we know that the actual price is
a. above the equilibrium price, and quantity supplied is greater than quantity demanded.
b. above the equilibrium price, and quantity demanded is greater than quantity supplied.
c. below the equilibrium price, and quantity demanded is greater than quantity supplied.
d. below the equilibrium price, and quantity supplied is greater than quantity demanded.
Hydronephrosis. Normal kidney (left) and kidney with hydronephrosis (right) are compared. Note the d
Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period
Embryonic Period
Fetal Period
Fetal Period
The locations of disease-causing mutations in the cystic fibrosis gene