If the dollar price of the English pound goes from $1.50 to $1.20, the dollar has
a. appreciated, and Americans will find English goods cheaper.
b. appreciated, and Americans will find English goods more expensive.
c. depreciated, and Americans will find English goods cheaper.
d. depreciated, and Americans will find English goods more expensive.
A
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Several factors are important for achieving faster economic growth. Which of the following is one of those factors?
A) expansion of international trade B) increased government expenditure C) increased taxes on saving D) promotion of consumption expenditure
The U.S. dollar will appreciate if
a. the U.S. demand for foreign exchange decreases b. the U.S. demand for foreign exchange increases c. the U.S. supply of foreign exchange decreases d. Americans want to buy more foreign goods e. foreigners want fewer American goods