Depreciation of the dollar means that
a. the value of the dollar has increased.
b. the value of foreign exchange has decreased.
c. fewer dollars are required to purchase foreign exchange.
d. more dollars are required to purchase foreign exchange.
d. more dollars are required to purchase foreign exchange.
You might also like to view...
A bilateral negotiation is a bargaining mechanism in which:
A) a third party or an authority intervenes and decides the prices of the products traded in a market. B) a single seller and a single buyer confront one another with bids and asks. C) multiple buyers bargain with a single seller to determine the trading price. D) multiple sellers bargain with a single buyer to determine the trading price.
Of the following high-income countries, which has the highest life expectancy at birth?
A) Canada B) Japan C) the United Kingdom D) the United States
Full employment: a. exists when, on average, nearly two out of three adults in the labor force are employed. b. exists when everyone who wants a job has one. c. exists when the unemployment rate is zero
d. exists when everyone in the labor force has a job. e. will always include some unemployment.
Unemployment compensation is a ________ government transfer program.
A. state B. local C. federal D. municipal