A stronger U.S. dollar leads to ________ in SRAS and ________ in AD simultaneously
A) a leftward shift; a leftward shift B) a rightward shift; a leftward shift
C) a rightward shift; a rightward shift D) a leftward shift; a rightward shift
B
You might also like to view...
All output combinations that lie outside a production possibilities curve are attainable with available resources and technology.
Answer the following statement true (T) or false (F)
What would happen if the German economy became viewed as a less desirable place for foreign investors to put their money because of fears about the growth of the German public debt?
a. Equilibrium would not change. b. A lower quantity of financial investment would result. c. A lower interest rate would result. d. Interest rates would not change.
In 2015, you buy a beautiful vintage 1965 Thunderbird convertible. This purchase would
a. be included in the GDP for 2015. b. not be included in the GDP for 2015. c. be included in both the GDP for 1965 and 2015. d. be in the GDP for 2015 at a depreciated value.
If a country has $2.4 billion of net exports and purchases $4.8 billion of goods and services from foreign countries, then it has
a. $7.2 billion of exports and $4.8 billion of imports. b. $7.2 billion of imports and $4.8 billion of exports. c. $4.8 billion of exports and $2.4 billion of imports. d. $4.8 billion of imports and $2.4 billion of exports.