If a foreign currency becomes more expensive in United States dollars, we would expect
a. U.S. exports to increase
b. U.S. imports to increase
c. U.S. exports to remain constant
d. U.S. exports to decrease
e. the quantity of foreign currency demanded in the United States to rise
A
Economics
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A contractionary fiscal policy is likely to
A) increase government borrowing, thereby shifting the supply curve for bonds to the right. B) reduce government borrowing, thereby shifting the supply curve for bonds to the left. C) increase government borrowing, thereby shifting the demand curve for bonds to the right. D) reduce government borrowing, thereby shifting the demand curve for bonds to the left.
Economics
In the short run, average fixed cost is constant as output increases
Indicate whether the statement is true or false
Economics