Borrowing in foreign currencies to spend or invest domestically,
a. decreases demand for the domestic currency, appreciating the domestic currency
b. increases demand for the domestic currency, depreciating the domestic currency
c. increases demand for the domestic currency, appreciating the domestic currency
d. does not affect the exchange rates
c
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Between the base period and the next period, prices stay constant. The GDP price index in the next period
A) cannot be calculated without knowing how much the quantity changed. B) is equal to 1 because there is no change. C) is equal to 50 because there is no change. D) will equal 0 because there is no change. E) is equal to 100 because there is no change.
All of the following are examples of producer goods except: a. machinery
b. tools. c. appliances. d. factory buildings.