In the open-economy macroeconomic model, the demand for dollars shifts right if at any given exchange rate
a. foreign residents want to buy more U.S. goods and services.
b. U.S. residents want to buy fewer foreign goods and services.
c. Both A and B are correct.
d. None of the above is correct.
c
Economics
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From the 1930s until today, unions have experienced particularly fast growth in the United States.
Answer the following statement true (T) or false (F)
Economics
If Country A and Country B have the same population size, then the standard of living in these two countries can still be different depending on:
A. their respective political systems. B. the relative sizes of total output. C. their respective inflation rates. D. their relative geographic size.
Economics