Today the U.S. dollar is worth 1.5 Canadian dollars. Because of changes in economic conditions, people come to believe that by the end of the month the U.S. dollar will be worth 1.2 Canadian dollars. This belief

A) increases the demand for U.S. dollars today.
B) decreases the demand for U.S. dollars today.
C) decreases the demand for Canadian dollars today.
D) decreases the value of exports to Canada.

B

Economics

You might also like to view...

Which of the following reduces the interest rate?

a. an increase in government expenditures and an increase in the money supply b. an increase in government expenditures and a decrease in the money supply c. a decrease in government expenditures and an increase in the money supply d. a decrease in government expenditures and a decrease in the money supply

Economics

Which is not one of the Five Fundamental Questions?

A) How will the goods and services be produced? B) Who will get the goods and services? C) How will the system accommodate change? D)What goods and services should be produced by government?

Economics