When the U.S. dollar drops in value exports tend to:
A. go up, which decreases the trade deficit.
B. fall, which increases the trade deficit.
C. go up, which increases the trade deficit.
D. fall, which decreases the trade deficit.
A. go up, which decreases the trade deficit.
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The rights of state and local government to regulate, license and control businesses were taken away after the American Revolution
Indicate whether the statement is true or false
The ability-to-pay principle is most closely tied to the concept of
a. horizontal equity in taxation. b. fiscal federalism. c. vertical equity in taxation. d. the benefits principle of tax equity.
Which of the following is an example of capital?
A) a gravel truck B) a savings account C) a share of General Motors stock D) a lake
The demand for the Franconian franc in the foreign exchange market equals 14,000 - 3,000e and the supply of francs in the foreign exchange market equals 2,000 + 2,000e, where e is the nominal exchange rate expressed in U.S. dollars per franc. If the franc is fixed at 3 U.S. dollars per franc, then to maintain this fixed rate Franconia's international reserves must:
A. decrease by 3,000 francs per period. B. decrease by 9,000 francs per period. C. increase by 9,000 francs per period. D. increase by 3,000 francs per period.