If the demand for U.S. dollars goes up, the exchange rate will.
A) increase and, as a result, net exports in the United States will decrease.
B) decrease and, as a result, net exports in the United States will increase.
C) increase and, as a result, net exports in the United States will increase.
D) decrease and, as a result, net exports in the United States will decrease.
Ans: A) increase and, as a result, net exports in the United States will decrease.
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A) secular deflation B) inflation accompanied by no change in real GDP C) inflation accompanied by declines in real GDP D) a decline in consumption spending
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