The net-export effect of contractionary monetary policy is
A) the appreciation of the value of the dollar and a resulting decrease of U.S. net exports.
B) the depreciation of the value of the dollar and a resulting increase of U.S. net exports.
C) the appreciation of the value of the dollar and a resulting increase of U.S. net exports.
D) the depreciation of the value of the dollar and a resulting decrease of U.S. net exports.
A
You might also like to view...
During 2013, a country's total purchases of newly produced capital goods are $1,000 billion, the country issues $750 billion of stock certificates, and there is $200 billion of depreciation. Net investment in this country equals
A) $550 billion. B) $1,000 billion. C) $1,550 billion. D) $1,750 billion. E) $800 billion.
Roxanne and Eileen live in an apartment building with a laundry room in the basement. Roxanne does her laundry at home, spending $4 and 5 hours per week. Eileen sends her laundry out, spending $20 and 15 minutes per week transporting the laundry. On the basis of the information given, which one of the following must be true?
a. Roxanne earns more labor income than Eileen. b. Eileen earns more total income than Roxanne. c. Roxanne enjoys doing laundry; Eileen does not. d. Eileen has less laundry than Roxanne. e. Eileen and Roxanne attach different utilities to time spent doing laundry.