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.
The four ways in which animals exchange heat with the environment are radiation, evaporation, convec
Sources of Energy in the United States
Nave, Reims Cathedral, France.
Population Projections of the United States
Effect of Increasing the Investment Rate on the Steady State
Ideological Beliefs in the United States