When the dollar depreciates against the euro, which of the following is unlikely to happen?
A) German consumers will buy more U.S. products
B) U.S consumers will find German goods to be more expensive
C) German firms that export to the U.S. market will have a higher profit
D) Americans will not travel to the euro areas as much for vacations
Ans: C) German firms that export to the U.S. market will have a higher profit
Economics
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A) falling oil prices. B) additional oil exploration. C) conservation measures. D) development of oil substitutes.
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The total burden of a tax equals tax receipts plus excess burden.
Answer the following statement true (T) or false (F)
Economics