A reduction in the price of the dollar in terms of the euro, Germany's currency, will have the result of
A. increasing the supply of products purchased from Germany.
B. increasing the demand for U.S. products exported to Germany.
C. decreasing the price of products purchased from Germany.
D. decreasing the price of hotel rooms in Germany to U.S. tourists.
B. increasing the demand for U.S. products exported to Germany.
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Your best friend calls and gives you the latest stock market "hot tip" that he heard at the health club. Should you act on this information? Why or why not?
What will be an ideal response?
When comparing the velocity of M2 (V2), with the velocity of M1 (V1), the evidence shows that V2 has been __________ and V1 has been __________ over time
A) relatively stable; relatively stable B) relatively stable; relatively unstable C) relatively unstable; relatively stable D) relatively unstable; relatively unstable