American citizens planning a vacation abroad that would require foreign currency would welcome:

A. Devaluation of the dollar.
B. Appreciation of the dollar.
C. Depreciation of the dollar.
D. Appreciation of the foreign currency.


Answer: B

Economics

You might also like to view...

________ is the market value of the final goods and services produced within the borders of a country during a particular period of time

A) Net Product Value B) Gross National Product C) Total Product D) Gross Domestic Product

Economics

In a battle of the sexes game, each player prefers a different Nash equilibrium

Indicate whether the statement is true or false

Economics

Social media, such as the online social networking portal Meetup, have increased the likelihood of people forming social tribes by reducing the transaction costs associated with forming such groups.

Answer the following statement true (T) or false (F)

Economics

A good that is most likely to be in the producer price index is:

A. gasoline. B. apples. C. books. D. None of these would be in the PPI.

Economics