Suppose europeans began purchasing real assets in the united states. how would this impact the foreign exchange market for the euro and the u. s. dollar price of the euro?
a. increase / increase
b. increase / decrease
c. decrease / increase
d. decrease / decrease
e. decrease/ not change

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.

Match each economic concept with the scenarios that illustrates it