Inflation builds in the United States butdoes not develop in Britain. In the foreign exchange markets, the internationalsupply of dollars, exchange rate for dollars, demand for pounds, and exchange rate for pounds change in the following ways.

Supply for $= increases; Exchange rate (euro/$)= decreases; demand of euro= increases, Exchange rate ($/euro)= decreases

True or False

Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution.a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent