Which of the following would lead to a depreciating dollar?
A. A higher federal deficit
B. Lower interest rates
C. Higher interest rates
D. Contractionary monetary policy
Answer: B
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Impact of Exchange Rate Fluctuations
Suppose that the quantity of pizza demanded decreased by 15 percent after an increase in price of 10 percent. What is the price elasticity of demand for pizza?
A) 1.50 B) 0.67 C) -1.50 D) -0.67
The unintended consequences of an economic change that are not immediately identifiable but are felt only with time are known in economics as
a. opportunity costs. b. marginal effects. c. secondary effects. d. scarcity constraints.
The value of the vertical intercept is $150 and the slope is ?25 in a linear equation for price and quantity demanded. If price is $5.00, what is the quantity demanded? State the linear equation and show how you found the answer
Please provide the best answer for the statement.