Which of the following groups would be aided by a depreciation of the American dollar?
A. Foreign producers of goods imported by the United States.
B. U.S. importers of goods from abroad.
C. American producers of goods for export.
D. Foreign workers.
Answer: C
You might also like to view...
The figure above shows the supply and demand for pizza
a. What is the efficient level of output? b. If 70,000 pizzas are produced, what area represents the deadweight loss? c. Why does the deadweight loss in part (b) occur? d. If 20,000 pizzas are produced, what area represents the deadweight loss? e. Why does the deadweight loss in part (d) occur?
The idea that central banks should be independent of political pressure is an idea that:
A. is relatively new. B. every central bank was founded upon. C. has been around since there were central banks. D. became quite popular in the early 1900s.
Over time, the U.S. current account balance has primarily reflected
A. the extent of U.S. investment in other countries. B. the U.S. balance of trade. C. transfers of money home by U.S. citizens working in other countries. D. the volume of U.S. exports.
Refer to the information provided in Figure 16.2 below to answer the question(s) that follow.
Figure 16.2Refer to Figure 16.2. The efficient amount of cars is
A. 25. B. 35. C. zero because any production results in an external cost. D. indeterminate from the information given.