When the dollar appreciates, U.S
a. net exports rise, which increases the aggregate quantity of goods and services demanded.
b. net exports rise, which decreases the aggregate quantity of goods and services demanded.
c. net exports fall, which increases the aggregate quantity of goods and services demanded.
d. net exports fall, which decreases the aggregate quantity of goods and services demanded.
d
You might also like to view...
If the U.S. interest rate, adjusted for people's expectation of inflation, increases sharply relative to the rest of the world, then
A) there will be a decrease in the demand for dollars in foreign exchange markets. B) there will be no change in the demand for dollars in foreign exchange markets but there will be an increase in demand for foreign currency. C) the dollar will appreciate. D) the dollar will depreciate.
Albert Fishlow argued that if the railroads were built ahead of demand we would observe initial profit rates that were ______ and initial population densities near railroads that were _______
a. low; high. b. high; low. c. low; low. d. high; high.