A depreciation in the U.S. dollar on the foreign exchange market will
a. make U.S. exports more expensive to foreigners.
b. make imports less expensive for U.S. consumers.
c. make U.S. exports cheaper for foreign consumers.
d. encourage U.S. consumers to travel abroad.
C
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The percentage of people living in urban areas decreased surprisingly between 1860 and 1910
Indicate whether the statement is true or false
Which of the following statements best summarizes why bureaucrats tend to be budget maximizers?
a. The larger the budget, the more assured bureaucrats can be of having sufficient resources to complete a task. b. The larger the budget, the more power and prestige the bureaucrat wields. c. The larger the budget, the larger the workload of the bureaucrat. d. The larger the budget, the more work in the public interest the bureaucrat can undertake.