The higher the exchange rate, the
a. the lower the dollar cost of imported goods and the higher the demand for foreign exchange.
b. higher the dollar cost of imported goods and the lower the demand for foreign exchange.
c. higher both the dollar cost of imported goods and the demand for foreign exchange.
d. the lower both the dollar cost of imported goods and the demand for foreign exchange.
B
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Spending VCU4 on real-world goods and services causes the nation's:
a. Demand for real goods and services to remain the same and monetary base to rise. b. Demand for real goods and services to rise and M2 money supply to rise. c. Demand for real goods and services to rise and M2 money multiplier to remain the same. d. Demand for real goods and services to remain the same and M2 money supply to rise.
Whenever the general level of prices rises because of continual increases in aggregate demand, we say that the economy is experiencing
A) supply-side inflation. B) monetary stagflation. C) demand-side inflation. D) aggregate supply shock.
If there is a major problem in a country that leads to the rapid withdrawal of foreign investment, this is known as
A. international financial crisis. B. moral hazard. C. adverse selection crisis. D. an international leakage.
In the figure above, the lowest 20 percent of all households receive ________ percent of all income, the next lowest 20 percent receive ________ percent of all income and the richest 20 percent receive ________ percent of all income
A) 20; 20; 20 B) 20; 40; 100 C) 10; 20; 40 D) 10; 10; 40