In the open-economy macroeconomic model, the quantity of dollars demanded in the market for foreign-currency exchange a. depends on the real interest rate. the quantity of dollars supplied in the foreign-exchange market depends on the real exchange rate. b. depends on the real exchange rate. the quantity of dollars supplied in the foreign-exchange market depends on the real interest rate. c. and the quantity of dollars supplied in the market for foreign-currency exchange depend on the real interest rate. d. and the quantity of dollars supplied in the market for foreign-currency exchange depend on the real exchange rate.

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price