Other things remaining constant, increased US imports will <u>D. Tend to cause the </u><u>dollar</u><u> to depreciate</u> because the world supply of dollars will rise.
<h3>What is the implication of increased United States imports with other factors constant?</h3>
With increased imports by the United States, and if all other factors are held constant, the supply of dollars will increase.
When the supply of dollars increases without a corresponding increase in demand, the dollar will depreciate or lose its value relatively.
Thus, if other things remain constant, increased US imports will <u>D. Tend to cause the </u><u>dollar</u><u> to depreciate</u> because the world supply of dollars will rise.
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Answer:
True
Explanation:
A more precise way to describe the situation is that Joe's pizza parlor is a monopolistic competition. But that definition considers that all 'food' items have some degree of close substitute relation.
But yes, if you consider this two conditions:
- a broad definition of monopoly
- other restaurants are not considered close substitutes for the food sold at the pizza parlor
Then yes, Joe has monopoly
Answer:
The correct answer is option b.
Explanation:
A budget line shows the maximum possible combination of two goods that a consumer can purchase by spending his/her whole income.
The quantities of those two goods are mentioned on both the axes. If the price of both the products is doubled. The consumer will be able to afford half the quantity than what he was consuming earlier.
This will cause the budget line to shift to the left. This new budget line will be parallel to the initial one. The slope of the budget line will remain the same.
Answer:
C. consumer sovereignty.
Explanation:
Consumer sovereignty in economics imply that consumers have the power to determine what will be produced. They do this by demanding for products they want, increasing its supply and demanding less of products they do not want which reduces its supply.
I hope my answer helps you
Answer:
C. the front page test
Explanation:
The front page test -
It is an analysis method , very useful as it motivates the public to officially think about how his or her actions would look or fell to the outside world .
Same is the case with Haley , since she is aware that she can make a lot of money from the large hospital network , but she is more concern about the threat of being caught and from the reaction of the out side public .
Hence , the correct answer is the front page test .