When the dollar appreciates, U.S
a. net exports rise, which increases the aggregate quantity of goods and services demanded.
b. net exports rise, which decreases the aggregate quantity of goods and services demanded.
c. net exports fall, which increases the aggregate quantity of goods and services demanded.
d. net exports fall, which decreases the aggregate quantity of goods and services demanded.
d
You might also like to view...
A tariff is
a. a tax on imports b. a legal limit on quantities of goods that can be imported c. a voluntary limit on quantities of goods that can be imported d. a quality restriction on imports e. a subsidy for exports
In the intermediate range of the aggregate supply curve, higher aggregate demand will increase:
a. both the price level and real GDP. b. real GDP without raising the price level. c. the price level without affecting real GDP. d. the price level but reduce real GDP.
With a recession under way, consumers have less money, causing a demand shift to the right.
Answer the following statement true (T) or false (F)
Compound interest describes increases in value when interest is paid, or compounded, on:
A. Only the original amount invested B. Only the previously accumulated interest payments C. The original amount invested and previously accumulated interest payments D. The original amount invested minus any previously accumulated interest payments