When the U.S. dollar appreciates,
a. U.S. exports rise.
b. U.S. imports decline.
c. aggregate demand shifts inward.
d. aggregate demand shifts outward.
c
You might also like to view...
According to the Bureau of Labor Statistics, a person who does not have a job and has not been actively looking for a job in the past four weeks is considered
A) unemployed. B) employed. C) not in the labor force. D) underemployed.
In 1990, U.S. nominal GDP was $5,744 billion and the GDP chain price index is 93.6 . Real GDP is:
a. $6,137 billion. b. $5,376 billion. c. $6,000 billion. d. $6,376 billion.
Which nation achieved the ideal communist society as described by Marx?
A. Castro's Cuba B. Mao's China C. Stalin's Soviet Union D. No nation has achieved Marx's vision of communist society.
Inflation redistributes income from people who do not raise their prices to people who do raise their prices.
Answer the following statement true (T) or false (F)