Imports are:
A) positively related to income in the rest of the world and currency appreciation.
B) positively related to income in the rest of the world and currency depreciation.
C) positively related to domestic income and currency appreciation.
D) positively related to domestic income and currency depreciation.
C
You might also like to view...
Rank the following assets from most liquid to least liquid.a) Common stockb) Housesc) Currencyd) Arte) Savings accountsf) Checking account deposits.
What will be an ideal response?
The difference between bid (buying) rates and ask (selling) rates is called the
A) profit. B) arbitrage. C) spread. D) forward transaction.
The simple Keynesian model assumes that
A) gross private domestic investment exceeds net investment by the capital consumption allowance. B) prices, especially the price of wages, are "sticky downward." C) there will never be any excess capacity in the short run. D) aggregate demand will always equal aggregate supply.
What term do economists use to refer to the satisfaction that an individual expects to receive from consuming a good or service?
a. Utility. b. Response. c. Usability. d. Demand. e. Desirable.