If the exchange rate is constant and U.S. exports increase, then in the foreign exchange market the
A) supply of U.S. dollars increases.
B) demand for U.S. dollars increases.
C) demand for U.S. dollars decreases.
D) quantity of U.S. dollars demanded decreases.
E) quantity of U.S. dollars demanded increases.
B
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In the United States, spending on residential construction
A) rose rapidly in the period just before the recession of 2007-2009, declined dramatically during the recession, and recovered rapidly thereafter. B) rose rapidly in the period just before the recession of 2007-2009, declined dramatically during the recession, and recovered only slowly thereafter. C) rose rapidly in the period just before the recession of 2007-2009, declined dramatically during the recession, and continued to decline slowly thereafter. D) rose slowly in the period just before the recession of 2007-2009, declined slowly during the recession, and recovered slowly thereafter.
The difference between merchandise exports and imports is called the ________ balance
A) current account B) capital account C) official reserve transactions D) trade