When U.S. net exports rise, which increases the aggregate quantity of goods and services demanded, the dollar must have

a) depreciated
b) reciprocated.
c) equivocated.
d) appreciated.

Ans: a) depreciated

Economics

You might also like to view...

Answer the following statements true (T) or false (F)

1. Although the number of jobs requiring computer knowledge has increased, these jobs are found primarily in low-wage industries. 2. Union membership in the United States has fallen to less than 15 percent of the workforce. 3. Household wealth is defined as income minus liabilities. 4. Because their earnings are highest, married couples between the ages of 35–54 hold the largest share of wealth in the United States. 5. Non family households earn less than 50 percent of the income earned by family households.

Economics

Use the graph below to answer the next question.Other things equal, an increase in the price of substitute resource would cause a

A. move from a to b on D1. B. shift from D2 to D3 assuming the substitution effect exceeds the output effect. C. move from b to a on D1. D. shift from D3 to D2 assuming the substitution effect exceeds the output effect.

Economics