If a country's currency appreciates, which of the following will most likely happen?
a. Net exports will fall and aggregate demand will increase.
b. Net exports will rise and aggregate demand will increase.
c. Net exports will fall and aggregate demand will decrease.
d. Net exports will rise and aggregate demand will decrease.
C
Economics
You might also like to view...
A monopoly that sells every unit of its output at the same price is a ________
A) unit-price monopoly B) legal monopoly C) natural monopoly D) single-price monopoly
Economics
In a competitive market the ________ curve shows the marginal benefit received by consumers and the ________ curve shows the marginal cost to producers
A) demand; market demand B) supply; demand C) supply; market supply D) demand; supply
Economics