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Author Question: If the U.S. dollar increases in value relative to other currencies, how does this affect the ... (Read 121 times)

dalyningkenk

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If the U.S. dollar increases in value relative to other currencies, how does this affect the aggregate demand curve?
 
  A) This will shift the aggregate demand curve to the right.
  B) This will move the economy down along a stationary aggregate demand curve.
  C) This will move the economy up along a stationary aggregate demand curve.
  D) This will shift the aggregate demand curve to the left.

Question 2

In 2015, the Educational Testing Service (ETS) charged 52.50 to take the Scholastic Aptitude Test (SAT) but 195 to take the Graduate Record Exam (GRE). One reason for this difference in price is
 
  A) the GRE is a longer test with more questions.
  B) more people took the SAT than the GRE in 2015.
  C) an average, those who take the GRE have higher incomes than those who take the SAT.
  D) the ETS faces competition in the market for the SAT but no competition for the GRE.


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dalyningkenk

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


amcvicar

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Reply 3 on: Yesterday
Gracias!

 

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