As the dollar depreciates, which of the following is most likely to occur?
a. More Americans will travel abroad.
b. American imports will rise.
c. More foreigners will visit the United States.
d. American firms will increase their investments abroad.
C
You might also like to view...
At a product's equilibrium price
A) anyone who needs the product will be able to buy the product, regardless of ability to pay. B) not all sellers who are willing to accept the price will find buyers for their products. C) the federal government will provide the product to anyone who cannot afford it. D) any buyer who is willing and able to pay the price will find a seller for the product.
An international division of labor will have no effect on total world output because resources are limited
Indicate whether the statement is true or false
Funds are channeled from savers to borrowers indirectly through ________ and directly through ________
A) financial intermediaries; financial markets B) financial markets; financial intermediaries C) main banks; branches D) broker; agents
Why is economics called an empirical science?
A) because economics has been used to both create and destroy empires B) because economics uses impressions to evaluate the usefulness of its models C) because economics relies on real-world data to determine the usefulness of a model D) because economics utilizes intuition rather than data to evaluate a model's worth