If the dollar depreciates, it can be said that
A. foreign countries no longer respect the United States.
B. it falls in value within the United States.
C. it takes fewer dollars to buy foreign currencies.
D. other currencies appreciate.
Answer: D
Economics
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The AD curve is derived by adding up demand curves for all goods and services
a. True b. False
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Consumers maximize their total utility subject to a budget constraint if the
a. total utility is increasing and marginal utility decreasing b. dollar amount (value) spent on each good is the same c. total utility gained from each good is equal d. marginal utility of the last dollar spent on each good is equal e. total utility equals the total budget constraint
Economics