The U.S. dollar will appreciate if
a. the U.S. demand for foreign exchange decreases
b. the U.S. demand for foreign exchange increases
c. the U.S. supply of foreign exchange decreases
d. Americans want to buy more foreign goods
e. foreigners want fewer American goods
A
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Memory of the supply shocks of the 1970s ________ the growth of real-business-cycle theory, while it was being ________ by new classical work on model-building methods
A) assisted, assisted as well B) assisted, hindered C) hindered, assisted D) hindered, hindered as well
An example of an activity that is likely to generate benefit (positive) externality is
A) a well manicured lawn of your neighbor. B) growing wild flowers on city street islands. C) fireworks on the 4th of July. D) an educated workforce. E) All of the above