Other things being equal, appreciation of the dollar
A) increases aggregate demand in the United States, and may decrease aggregate supply by reducing the prices of imported resources.
B) increases aggregate demand in the United States, and may increase aggregate supply by reducing the prices of imported resources.
C) decreases aggregate demand in the United States, and may decrease aggregate supply by increasing the prices of imported resources.
D) decreases aggregate demand in the United States, and may increase aggregate supply by reducing the prices of imported resources.
D
You might also like to view...
Suppose there are two types of labor, high skilled and low skilled
The demand curve for high skilled labor lies ________ the demand curve for low skilled labor and the supply curve of high skilled labor lies ________ the supply curve of low skilled labor. A) above; above B) above; below C) below; below D) below; above
In the United States, measured wealth is distributed more unequally than income
Indicate whether the statement is true or false