When the dollar depreciates, U.S

a. net exports rise, which increases the aggregate quantity of goods and services demanded.
b. net exports rise, which decreases the aggregate quantity of goods and services demanded.
c. net exports fall, which increases the aggregate quantity of goods and services demanded.
d. net exports fall, which decreases the aggregate quantity of goods and services demanded.

a

Economics

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Economic growth at constant prices will never lead to a fall in the output of one good

Indicate whether the statement is true or false

Economics

Increasing returns to scale in production means

A) more than 10% as much of all inputs are required to increase output 10%. B) less than twice as much of all inputs are required to double output. C) more than twice as much of only one input is required to double output. D) isoquants must be linear.

Economics