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Author Question: Although it declined in the first quarter of 2009, the United States was still running a trade ... (Read 72 times)

jayhills49

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on: Jun 29, 2018
Although it declined in the first quarter of 2009, the United States was still running a trade deficit, which means that the United States would have to
 
  A) increase the money supply. B) decrease the value of its financial account.
  C) devalue the dollar. D) sell some of its assets to foreigners.

Question 2

When people expect that the future exchange rate will be lower, they ________ the supply of dollars and the current exchange rate ________.
 
  A) decrease; rises
  B) decrease; falls
  C) increase; falls
  D) increase; rises
  E) do not change; rises


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DylanD1323

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

D

Answer to Question 2

C


jayhills49

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

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Reply 3 on: Yesterday
:D TYSM

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