A decrease in U.S. interest rates leads to
a. a depreciation of the dollar that leads to greater net exports.
b. a depreciation of the dollar that leads to smaller net exports.
c. an appreciation of the dollar that leads to greater net exports.
d. an appreciation of the dollar that leads to smaller net exports.
a
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Which of the following is the most liquid asset?
A) currency B) shares of stock C) short-term treasury bonds D) small denomination time deposits
The English system of market overt and fairs
(a) were initially transferred to American shores where goods and services could be bought and sold legally without an official witness (b) flourished in the late colonial economy because of their foundation of protective regulations. (c) replaced the rule of caveat emptor in colonial America because they covered fraud. (d) firmly planted themselves in colonial America and continue to guide market transactions today.