If the exchange rate changes such that fewer euros, the French currency, are required to buy one dollar, then
A. Americans will buy fewer goods and services from France.
B. the French will buy fewer goods and services from the U.S.
C. the dollar has appreciated in value.
D. the euro has depreciated in value.
A. Americans will buy fewer goods and services from France.
Economics
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Inefficient use of resources leads to:
a. production bundles inside the production set. b. production bundles outside the production set. c. a reduction in the production set. d. production of a combination on the production set.
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