Other things the same, which of the following is correct?
a. A decrease in the price level causes the dollar to appreciate. Aggregate demand shifts right.
b. A decrease in the price level causes the dollar to depreciate. Aggregate demand shifts right.
c. If speculators lose confidence in the American economy, the dollar appreciates. Aggregate demand shifts right.
d. If speculators lose confidence in the American economy, the dollar depreciates. Aggregate demand shifts right.
d
Economics
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Indicate whether the statement is true or false
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How might China benefit from adopting a flexible exchange rate policy?
What will be an ideal response?
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