An appreciation in the U.S. dollar benefits which of the following groups of people?

a. All people living in the United States.
b. U.S. producers who export farm equipment to other countries.
c. U.S. consumers who buy imported automobiles.
d. Foreigners who wish to travel to the United States.
e. U.S. consumers who buy only goods made entirely in the United States.

C

Economics

You might also like to view...

Which of the following characterizes an oligopolistic industry?

a. mutual interdependence b. low barriers to entry c. small output of individual firms relative to the total market d. a large number of competing firms

Economics

What was the rate of growth of real GDP from 1960 to 2010?

a. 19% b. 81% c. 110% d. 376%

Economics