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Author Question: Suppose the exchange rate falls from 1.20 Canadian per U.S. dollar to 1.10 Canadian per U.S. dollar. ... (Read 186 times)

audragclark

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on: Jun 29, 2018
Suppose the exchange rate falls from 1.20 Canadian per U.S. dollar to 1.10 Canadian per U.S. dollar. U.S. exports will ________, U.S. imports will ________, and U.S. aggregate demand will ________.
 
  A) decrease; increase; decrease
  B) decrease; increase; increase
  C) increase; decrease; increase
  D) increase; increase; increase

Question 2

Which of the following has NOT been one of the primary sources of economic growth over the last 200 years?
 
  A) investment in new capital
  B) resource conservation
  C) investment in human capital
  D) discoveries of new technology


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aadams68

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


audragclark

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

momolu

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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