All else held constant, the international value of foreign currencies will increase against the U.S. dollar if ________.
A. U.S. citizens reduce spending on imports
B. there are withdrawals of funds by foreigners from U.S. money markets
C. there is an increase in the number of foreign tourists in the United States
D. the U.S. Federal Reserve raises real interest rates
Answer: B
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If the demand for jelly decreases, and the price of grapes (used to make jelly) rises
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What will be an ideal response?
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