If the U.S. dollar depreciates relative to the euro, then:
A. American goods will be more expensive for Germans
B. German goods will be less expensive for Americans
C. The euro will appreciate relative to the dollar
D. The euro will depreciate relative to the dollar
C. The euro will appreciate relative to the dollar
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Borrowers benefit and lenders lose when the
A) actual interest rate is less than the expected real interest rate. B) actual interest rate is greater than the expected real interest rate. C) actual interest rate is equal to the expected real interest rate. D) actual inflation rate is less than the expected inflation rate.
The practice of securitization of mortgages:
A. pooled high-risk mortgages together, which raised the prices of them to investors. B. allowed investors to profit from the mortgage payments without being exposed to any risk. C. pooled the risk of mortgages, allowing higher risk mortgages to be more safely sold to investors. D. was undertaken by government to guarantee the values of real estate.
When a U.S. firm engages in outsourcing, it benefits ________ and harms ________.
A. the U.S. consumers of the firm's products; the firm's foreign employees B. the firm; the U.S. consumers of the firm's products C. the U.S. consumers of the firm's products; the firm's U.S. employees D. the U.S. consumers of the firm's products; the firm
The lowest the poverty rate has been during the last 50 years was in
A. 1960. B. 1967. C. 1973. D. 1979.