Question

High inflation in the United States would most likely have

a negative impact on the U.S. dollar exchange rate.

a positive impact on the U.S. dollar exchange rate.

a negative impact on the Gross National Product.

a positive impact on the Gross National Product.

Answer 1

negative impact on the U.S dollar exchange rate because Inflation is the general rise in prices over time.

Answer 2

Negative effects of inflation include an increase in the opportunity cost of holding money

Answer 3

Use this image to answer the following question. When government sets a price for a good below equilibrium, there will be

economic growth.

economic loss.

a shortage.

a surplus.

Answer 4

@Zale101 thank you for helping me, could you help me with a few more :D

Answer 5

http://livingeconomics.org/images/glossary/surplus.gif

Answer 6

Producer surplus or producers' surplus is the amount that producers benefit by selling at a market price that is higher than the least that they would be willing to sell for.
http://en.wikipedia.org/wiki/Economic_surplus

Answer 7

so it is D?

Answer 8

yes

Answer 9

Use this image to answer the following question. In the diagram, what will happen if the government sets the price for potatoes at point B?

There will be a shortage of potatoes.

There will be a surplus of potatoes.

The price of potatoes will rise to meet equilibrium.

The price of potatoes will fall to meet equilibrium.

Answer 10

Is it B?

Answer 11

@Zale101

Answer 12

I believe it's A, because as it said, the price has gone low and people won't grow potatoes since the money won't be enough to sell them.

Answer 13

Use this image to answer the following question. How many jackets should the firm produce to earn the most profit?

2

4

6

8

Answer 14

i can't do everything for u?

Answer 15

can you help though please

Answer 16

im just asking about the graph ones

Answer 17

Can u tell me what is your best guess for this question?

Answer 18

D?

Answer 19

can i tell u my best guess for them and then u tell me if they are right? @Zale101

Answer 20

for everything on your test?

Answer 21

no just the graph ones

Answer 22

@Zale101

Answer 23

I think the answer is 8 but i'm not sure

Answer 24

Use this image to answer the following question. In the business cycle phase marked “B,” economists expect

full employment.

inflation to be high.

economic growth to slow down.

consumer sales to decrease rapidly.

Answer 25

i think c

Answer 26

Why?

Answer 27

i mean D because it is getting lowe?

Answer 28

lower*

Answer 29

@Zale101

Answer 30

i think it's unemployment rate to begin rising dramatically.

Answer 31

so it would be B?

Answer 32

@Zale101