With flexible exchange rates, an increase in U.S. interest rates can be expected to:
A. Adversely affect U.S. exporters
B. Encourage investment spending by U.S. firms
C. Lower the foreign exchange value of the dollar
D. Cause a net outflow of foreign capital from the United States
A. Adversely affect U.S. exporters
Economics
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If you have flipped a fair coin and tails has come up 49 times in a row, what are the odds that the next flip will be a tail?
A) 0 B) 1/50 C) 1/25 D) 1/2
Economics
High-income people will sometimes pay higher prices at convenience stores for goods that are available at discount stores. They do this because
a. they are irrational b. their opportunity cost of time is low c. crowded and understaffed discount stores impose higher time costs d. they like to be seen paying more money e. they do not mind wasting time
Economics