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Author Question: When the price level in France increases while the exchange rate and the price level in the United ... (Read 70 times)

rmenurse

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  • Posts: 513
on: Jun 29, 2018
When the price level in France increases while the exchange rate and the price level in the United States remain the same, the result is
 
  A) U.S.-made goods become relatively cheaper compared to French-made goods.
  B) French citizens are more likely to buy U.S.-made goods.
  C) U.S. citizens are less likely to buy French-made goods.
  D) All of the above answers are correct.

Question 2

Which of the following is a liability on the balance sheet of the Federal Reserve System?
 
  A) currency
  B) U.S. government securities
  C) mortgage-backed securities
  D) None of the above are correct because they are all assets of the Federal Reserve.


owenfalvey

  • Sr. Member
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  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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