An increase in the value of the dollar in international exchange rate markets will cause the relative price of U.S. produced goods to foreigners to rise, the relative price of foreign produced goods to Americans to fall, causing U.S. exports to fall and U.S. imports to rise
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The unemployment rate in the United States at the peak of the Great Depression was ________ percent.
A. 20 B. 10 C. 25 D. 5
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A monopolist is a price maker.
Answer the following statement true (T) or false (F)
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Fiscal policy consists of
A. changes in exchange rate par values. B. changes in government expenditures and taxes. C. changes in the official settlements balance. D. changes in money supply and interest rates.
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A good is nonexcludable in consumption if it is not practical to exclude people who don't pay for it from enjoying its benefits.
Answer the following statement true (T) or false (F)
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