This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the good news and the bad news about a higher value of the U.S. dollar? What will be an ... (Read 32 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
What is the good news and the bad news about a higher value of the U.S. dollar?
 
  What will be an ideal response?

Question 2

Last year the price level increased from 118 to 122. The increase in the price level leads to a decrease in
 
  A) potential GDP.
  B) the money wage rate.
  C) the buying power of money.
  D) the real interest rate.
  E) the price of domestic goods and services relative to foreign goods and services.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

The good news about a higher value of the dollar is that a higher value will make it less expensive for U.S. residents to buy foreign goods. The bad news is that U.S. goods become more expensive to residents of other countries, so they buy less of them and U.S. exports decrease.

Answer to Question 2

C


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Gracias!

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima
How to use implicit differentiation with higher order derivatives How to use implicit differentiation with higher order derivatives
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Video: Renal Failure

For a complete list of videos, visit our video library