Author Question: In a floating exchange rate system, an appreciation of the exchange rate could be caused by a. a ... (Read 455 times)

P68T · **on:** Jun 30, 2018

In a floating exchange rate system, an appreciation of the exchange rate could be caused by

a. a cut in taxes.
b. a decrease in government spending.
c. an increase in the domestic money supply.
d. a decrease in the foreign demand for U.S. goods.

Question 2

The American Revolution and Constitution represented the transition to modern liberalism, or

(a) a strong emphasis on the role of government in providing for the welfare of the people and the regulation of business activities.
(b) an emphasis on free enterprise and competitive individualism and a limited role for government.
(c) an emphasis on public virtue and commitment to the welfare of the community or nation as a whole, and a de-emphasis on self-interest and profit-seeking behavior.
(d) an emphasis on laissez-faire and the absence of government laws.