Real interest rates in the United States increase. In the foreign exchange markets, the international demand for dollars, exchange rate for dollars, supply of pounds, and exchange rate for pounds change in the following ways.
Demand for $ Exchange Rate (£/$) Supply of £ Exchange rate ($/£)
Demand for $= increases; Exchange rate (euro/$)= increases; supply of euro= increases, Exchange rate ($/euro)= decreases

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

The simple interest in a loan of $200 at 10 percent interest per year is

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise