If the U.S. dollar appreciates, it means that
a. the value of the U.S. dollar has decreased
b. the value of foreign exchange has increased
c. fewer U.S. dollars are required to purchase foreign exchange
d. more U.S. dollars are required to purchase foreign exchange
e. exports will fall immediately
C
You might also like to view...
The investment demand curve would shift to the left because of
A. A lower current income level for the economy. B. The discovery of more efficient production methods. C. Expectations of a recession. D. Higher interest rates.
If the market for a good consists of a downward sloping demand curve and a vertical supply curve, sellers will have to pay the whole amount of a newly imposed tax.
Answer the following statement true (T) or false (F)
The multiple by which the commercial banking system can expand the supply of money is equal to the reciprocal of:
A. the MPS. B. its actual reserves. C. its excess reserves. D. the reserve ratio.
What are the functions for MC and AC if TC = 40 + 10q + 5q2?
A) MC = 10q; AC = 10 + 5q B) MC = 10 + 10q; AC = 40/q + 10 + 10q C) MC = 10 + 10q; AC = 40/q + 10q2 D) MC = 20 + 10q; AC = 40/q + 10q