Which of the following could result from a balance-of-trade deficit?
a. The value of the dollar increases, so Americans can buy more goods from other countries for the same amount of money.
b. The value of the dollar declines, so Americans have to pay more for goods from other nations.
c. The value of the dollar increases, making American products cheaper abroad, thereby increasing our exports.
d. The value of the dollar declines, which makes American products more expensive abroad, thereby decreasing our exports.
b
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Female–headed families are said to:
a) Be at high risk for poverty b) Account for more than 50% of all American families by 2015 c) Be a noncontroversial element of social service expansion d) Be responsible for the high divorce rate in the U.S.
The commonwealth status of Puerto Rico was established in 1952 under the Popular Democratic Party led by
A) Juan Pedro Garcia. B) Pablo Cruz Sanchez. C) Luis Muñoz Marin. D) Carlos Romero Barcelo. E) Thomas Trevino.