Author Question: Last week, six Swedish kronor could purchase one U.S. dollar. This week, it takes eight Swedish ... (Read 150 times)

Haya94 · **on:** Jun 29, 2018

Last week, six Swedish kronor could purchase one U.S. dollar. This week, it takes eight Swedish kronor to purchase one U.S. dollar. This change in the value of the dollar will ________ exports from the United States to Sweden and ________ U.S.

aggregate demand.
A) increase; increase B) decrease; increase C) increase; decrease D) decrease; decrease

Question 2

Full employment is not considered to be zero unemployment, because

A) some people do not want a job.
B) people do not find jobs instantaneously.
C) some cyclical unemployment always exists.
D) there are not enough jobs for everyone who wants one.