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 15 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
Excellent

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

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
Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
The main avenue to the upward social mobility reviewed in the text has been higher education. The main avenue to the upward social mobility reviewed in the text has been higher education.
Carrots are a good source of vitamin A Carrots are a good source of vitamin A
Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library