The U.S. supply curve for euros is derived from the demand and supply curves of U.S. imports in terms of euros
举一反三
- Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.
- If Chinese speculators expect the euro to appreciate against the U.S. dollar, they would: A: purchase Chinese yuan. B: purchase U.S. dollars. C: purchase euros. D: use Chinese yuan to buy euros, instantly use the euros to buy U.S. dollars, and then instantly use the U.S. dollars to buy Chinese yuan.
- An increase in labor productivity shifts the A: labor demand curve rightward. B: labor demand curve leftward. C: labor supply curve rightward. D: labor supply curve leftward
- If the bilateral exchange between U.S. dollars and euros is listed as 1.1875 $/€, how many euros would buy $1? A: 0.8421€ B: 1.187€ C: 0.1875€ D: 8.421€
- An increase in labor productivity shifts the labor ________ curve ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward