A deficit in our balance of payments causes the dollar to __________, which causes the deficit to __________
A) appreciate; increase
B) appreciate; decrease
C) depreciate; increase
D) depreciate; decrease
D
You might also like to view...
The consumption function shows that when disposable income increases by one dollar, consumption expenditure
A) does not change. B) increases by more than a dollar. C) increases by one dollar. D) decreases by less than a dollar. E) increases by less than a dollar.
Wages in the United States are higher than those in India primarily because
a. the weather is better in the United States. b. a larger proportion of the labor force is unionized in the United States. c. less capital per employee is required in the United States. d. the human and physical capital of American workers exceeds that of their Indian counterparts.
A second or third worker may have a higher marginal product than the first worker in certain circumstances
a. True b. False Indicate whether the statement is true or false
From the late 1960s to the late 1980s, in the United States SAT scores
A. and graduation rates increased. B. and graduation rates decreased. C. and school attendance rates decreased. D. decreased and school attendance rates increased.