Which of the following would decrease the value of the dollar in the long run?
A) an increase in U.S. tariffs on foreign goods
B) a decrease in the demand for American goods relative to goods from other countries
C) a decrease in inflation in the United States relative to other countries
D) a decrease in the supply of dollars on the foreign exchange market
B
Economics
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A budget line shows the
A) consumption possibilities of a consumer at a given level of income and prices. B) complete set of preferences for a household at various incomes. C) consumption possibilities for several sets of relative prices at a level of income. D) rate at which consumers wish to substitute one good for another.
Economics
Which of the following variables is used to measure economic growth?
A) nominal GDP B) nominal GDP per capita C) real GDP D) real GDP per capita
Economics