If for some reason Americans desired to decrease their purchases of foreign assets, then other things the same
a. both the real exchange rate and the quantity of dollars exchanged in the market for foreign-currency exchange would fall.
b. both the real exchange rate and the quantity of dollars exchanged in the market for foreign-currency would rise.
c. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign-currency would fall.
d. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign-currency would rise.
c
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Four years after graduating from college you must decide if you want to go on as an accountant (your college major) or if you want to make a career change and become a singer. The cost of your education will matter for your decision
Indicate whether the statement is true or false
Discouraged workers are not counted as unemployed because they are working
Indicate whether the statement is true or false
An average tax rate of 20 percent on the poor and 1 percent on the rich would be
A. progressive. B. proportional. C. regressive.
According to the rational expectation hypothesis, unpredictable shocks may cause
A. sustained levels of unemployment. B. uncontrollable inflation. C. long-lasting recession. D. disequilibrium in the labor market.