Expansionary monetary policy generally:
A. raises U.S. interest rates.
B. pushes down the value of the U.S. dollar.
C. increases the U.S. exchange rate.
D. increases the inflow of financial capital.
Answer: B
You might also like to view...
A chain-weighted index
A) calculates changes in prices by using an average of base years from neighboring years to obtain a more accurate measure of real GDP growth. B) is used to understate the rate of inflation. C) is a useful tool for determining which fence to purchase. D) uses neighboring years' data to calculate changes in nominal GDP.
Macroeconomics is concerned with studying the
A) behavior of individual decision makers. B) performance of the economy as a whole. C) prices of specific companies' stocks. D) wants of individual consumers.
All of the following are examples of producer goods except: a. machinery
b. tools. c. appliances. d. factory buildings.
Bob deposits $100 in a bank account that pays an annual interest rate of 5 percent. A year later, Bob withdraws his $105 . If deflation was 5 percent during the year the money was deposited, then Bob's purchasing power has not changed
a. True b. False Indicate whether the statement is true or false