A depreciation of the U.S. dollar
A) makes U.S. exports more expensive in terms of foreign currency and imports less expensive in terms of the dollar, increasing net exports.
B) makes U.S. exports less expensive in terms of foreign currency and imports more expensive in terms of the dollar, increasing net exports.
C) makes U.S. exports less expensive in terms of foreign currency and imports more expensive in terms of the dollar, decreasing net exports.
D) makes U.S. exports more expensive in terms of foreign currency and imports less expensive in terms of the dollar, decreasing net exports.
B
You might also like to view...
Which of the following represents the opportunity cost of holding money?
A) the interest rate B) liquidity C) the rate of inflation D) none of the above
The tendency for higher government budget deficits to decrease investment is called the
A) crowding-out effect. B) deficit effect. C) Ricardo-Barro effect. D) inflation effect. E) wealth effect.
Many basketball players and fans believe in the "hot hand." That is, they believe that a player is more likely to make a shot if that player has made several shots in a row
What does the hot hand hypothesis have to do with the idea of independent events? How might you test the hot hand hypothesis?
Refer to Figure 13-6. Suppose Dell finds the relationship between the average total cost of producing notebook computers and the quantity of notebook computers produced is as shown by Figure 13-2
Dell will maximize profits if it produces ________ notebook computers per month. A) 100,000 B) 200,000 C) 300,000 D) Not enough information is given to determine the profit-maximizing quantity.