« previous next »

Author Question: How would a decrease in the U.S. budget deficit affect the exchange rate in the market for dollars? ... (Read 36 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 29, 2018
How would a decrease in the U.S. budget deficit affect the exchange rate in the market for dollars?
 
  A) The exchange rate will not be affected by a change in the budget deficit.
  B) The exchange rate will decrease.
  C) The exchange rate will increase.
  D) The impact of the decrease in the budget deficit on the exchange rate cannot be predicted.

Question 2

Do food stamps affect the slope of the budget constraint of their recipients or rather shift the budget constraint? Explain.
 
  What will be an ideal response?


komodo7

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The poor still face the same price for food. Therefore, their budget constraint has not changed slope but has merely shifted.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Cation binding and exchange. Cation binding and exchange.
Acceptable ranges of respiratory rate Acceptable ranges of respiratory rate
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
How long does exercise affect blood sugar? How long does exercise affect blood sugar?
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library