Everything else being equal, one can expect the euro to appreciate relative to the dollar if
a. Americans decrease their travel to Germany.
b. the Germans add to their holdings of U.S. Treasury bills.
c. Americans purchase land in Germany and build factories.
d. American exports to Germany increase.
c
You might also like to view...
Historically, Brazil has suffered higher and more variable rates of inflation than Venezuela
You would expect the short-run aggregate supply curve of Brazil to be ________ than that of Venezuela, and the short-run Phillips curve of Brazil to be ________ than that of Venezuela. A) flatter; flatter B) flatter; steeper C) steeper; flatter D) steeper; steeper
A possible advantage of a horizontal merger for the economy is that
A) the merging firms could avoid losses. B) the merged firm might reap economies of scale which could translate into lower prices. C) the degree of competition in the industry will be intensified. D) the government stands to collect more corporate income tax revenue.