If the demand of U.S. dollars drops sharply
A. the dollar will depreciate in value.
B. foreigners holding U.S. assets will suffer tremendous losses.
C. Americans will have to pay a lot more for imported goods.
D. All of the choices are true.
D. All of the choices are true.
Economics
You might also like to view...
Political creative destruction:
A) is likely to hamper the ruling government in an economy with inclusive institutions. B) leads to losses of all economic agents. C) leads to the benefit of all economic agents. D) is likely to adversely affect the ruling government in an economy with extractive institutions.
Economics
Primary liabilities of the Federal Reserve include
a. Federal Reserve notes. b. U.S. government securities. c. loans to banks. d. reserve deposits by banks. e. Both a and d
Economics