If the U.S. real exchange rate decreases, U.S. imports will ________ and U.S. exports will ________
A) rise; rise B) rise; fall C) fall; rise D) fall; fall
C
You might also like to view...
You have two options for how to spend the afternoon. You can either go see a movie with your roommate or work as a tutor for the Math Department. From experience, you know that going to see a movie gives you $20 worth of enjoyment, and with your student discount, a movie ticket only costs $12. If you spend the afternoon working as a math tutor, you will get paid $45. On a typical day, you wouldn't be willing to spend the afternoon working as a math tutor for less than $35. What is your opportunity cost of seeing a movie this afternoon?
A. $22 B. $8 C. $57 D. $12
A gold sale by the U.S. Treasury
A) reduces bank reserves. B) increases bank reserves. C) increases Federal Reserve assets. D) leaves bank reserves unaffected.
In the wake of the financial crisis of 2007-2009, the debt-to-GDP ratio has risen in many countries around the world. Should the expenditures enabled by this debt be considered government consumption or government investment?
What will be an ideal response?
Suppose Ford, GM, and Dodge make the majority of pick-up trucks sold in the United States If they all sell for approximately the same price, and Ford offers a $2,000 rebate on new truck sales, what can Ford expect to see?
A. an unprecedented increase in truck sales B. an immediate response by GM and Dodge C. a visit from the antitrust authorities of the government D. a revolution from Ford stockholders