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Author Question: Although it declined in the first quarter of 2009, the United States was still running a trade ... (Read 62 times)

jayhills49

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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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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


cici

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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