An increase in the value of the U.S. dollar will
A) increase Canadian demand for winter homes in Florida.
B) increase the cost of homes in Florida for American buyers.
C) reduce Canadian demand for winter homes in Florida.
D) reduce the cost of homes in Florida for Canadian buyers.
Question 2
If we want to use a measure of inflation that foreshadows price changes before they affect prices at the retail level, we would base our measure of inflation on
A) the household price index. B) the GDP deflator.
C) the producer price index. D) the consumer price index.