This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the good news and the bad news about a higher value of the U.S. dollar? What will be an ... (Read 33 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
What is the good news and the bad news about a higher value of the U.S. dollar?
 
  What will be an ideal response?

Question 2

Last year the price level increased from 118 to 122. The increase in the price level leads to a decrease in
 
  A) potential GDP.
  B) the money wage rate.
  C) the buying power of money.
  D) the real interest rate.
  E) the price of domestic goods and services relative to foreign goods and services.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

The good news about a higher value of the dollar is that a higher value will make it less expensive for U.S. residents to buy foreign goods. The bad news is that U.S. goods become more expensive to residents of other countries, so they buy less of them and U.S. exports decrease.

Answer to Question 2

C


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
Potency and efficacy: (a) drug A has a higher potency than drug B; (b) drug A has a higher efficacy Potency and efficacy: (a) drug A has a higher potency than drug B; (b) drug A has a higher efficacy
If the gauge reading is now much higher than the first test results, then the cause of the low ... If the gauge reading is now much higher than the first test results, then the cause of the low ...
A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ... A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ...
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Video: Cardiac conductile cells

For a complete list of videos, visit our video library