Author Question: If the exchange rate rises as shown by the arrow, the price of American exports to foreigners will ... (Read 46 times)

asan beg · **on:** Jun 29, 2018

If the exchange rate rises as shown by the arrow, the price of American exports to foreigners will be ________, and foreign nations will demand ________ dollars in order to buy ________ American exports.

A) higher; fewer; fewer
B) cheaper; fewer; more
C) cheaper; more; more
D) cheaper; fewer; fewer
E) higher; more; more

Question 2

During this year, Barbara earned 60,000 as a financial analyst, paid taxes of 5,000 and consumed 53,000. If Barbara's wealth was 4,000 at the beginning of the year, at the end of the year Barbara's wealth was

A) 6,000. B) 60,000. C) 2,000. D) 4,000. E) 5,000.