Other things equal, an appreciation of the U.S. dollar would:
A. Increase productivity and increase aggregate supply
B. Decrease net exports and decrease aggregate demand
C. Increase the prices of imported resources and decrease aggregate supply
D. Decrease the supply of money and decrease aggregate demand
B. Decrease net exports and decrease aggregate demand
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The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. What is the marginal utility per dollar from CDs when the sixth CD is purchased?
A) 40 units B) 30 units C) 15 units D) 5 units
The quantity of investment demanded by firms
A. is positively related to the level of uncertainty. B. is unrelated to the interest rate. C. is directly related to the interest rate. D. is inversely related to the interest rate.