Answer:
A rightward shift on the Demand Curve will cause tge exchange rate to increase. The answer is <em>C. increase</em>
Explanation:
The shifts in demand and supply curves both cause the exchange rate to shift in the same direction as the curves. If demand and supply go up, the exchange rate goes up. If demand and supply go down, exchange rate goes down.
Hope this helps you!
Answer: c. The growth of Tulip prices ended very quickly
Explanation:
In the 17th century, the Netherlands experienced what has since been referred to as Tulip mania. Tulips were introduced to the Dutch in 1593 and because the Dutch had not seen them before, they demanded of the flowers.
The tulips were then attacked by a virus that made them even more alluring and this led to an even greater demand. The increased demand coupled with a new scarcity for the flowers led to the prices of tulips shooting up by more than 20 times in value in one month.
This did not last though as some people began to sell which triggered a selling mania that reduced the price to a record low. Tulip mania was a bubble because the tulip prices kept rising but once the bubble was popped by early sellers, the prices dropped quickly.
Answer:
NO TURKEY AT THE FIRST THANKSGIVING
Explanation: