Author Question: If the U.S. exchange rate rises, the price to foreigners of U.S.-produced goods and services ... (Read 210 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
If the U.S. exchange rate rises, the price to foreigners of U.S.-produced goods and services ________ and the quantity of U.S. dollars demanded ________.
 
  A) rises; decreases
  B) rises; increases
  C) falls; decreases
  D) falls; increases

Question 2

The balance owed on credit cards in the United States in 2014 was 880 billion. When consumers pay off this balance in full,
 
  A) M1 will decrease by 880 billion.
  B) M1 will remain unchanged but M2 will decrease by 880 billion.
  C) neither M1 nor M2 will change.
  D) M1 will increase by 880 billion.



Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library