Which of the Following Is Considered Part of the Supply

question 22

Multiple Choice

Which of the following is considered part of the supply of U.S.dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?

• A)both a U.S.bank wanting to lend money to a Canadian company and a U.S.firm wanting to buy computers made in South Korea
• B)a U.S.bank wanting to lend money to a Canadian company,but not a U.S.firm wanting to buy computers made in South Korea
• C)a U.S.firm wanting to buy computers made in South Korea,but not a U.S.bank wanting to lend money to a Canadian company
• D)neither a U.S.bank wanting to lend money to a Canadian company nor a U.S.firm wanting to buy computers made in South Korea

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Definitions:

Professionalization

Takes place when members of an occupation insist that people earn certain credentials to enter the occupation. Professionalization ensures standards and keeps professional earnings high.

Credentials

Documents or qualifications proving a person's background, status, or abilities.

Occupation

A person's job or profession, regarded as their main source of livelihood and a means of participating in society.

Educational Achievement

Refers to how much students actually learn.