If the exchange rate falls, the quantity of dollars supplied
A) increases, and there is movement up along the supply curve of dollars.
B) increases, and there is movement down along the supply curve of dollars.
C) decreases, and there is movement up along the supply curve of dollars.
D) does not change.
E) decreases, and there is movement down along the supply curve of dollars.
E
Economics
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a. true b. false
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New Keynesian theories of efficiency wages imply
a. voluntary unemployment. b. real wage rigidity. c. changes in unemployment represent changes in the natural rate of unemployment. d. market clearing in the labor market in the long-run. e. None of the above
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