Author Question: According to this Application, some economists noticed that the U.S. dollar ________ largely because ... (Read 66 times)

fnuegbu · **on:** Jun 29, 2018

According to this Application, some economists noticed that the U.S. dollar ________ largely because monetary policy in the United States had driven interest rates ________.

A) depreciated; up B) appreciated; up C) appreciated; down D) depreciated; down

Question 2

Moving from left to right, a U-shaped curve starts with a

A) negative slope, reaches a minimum, then ends with a positive slope.
B) negative slope, reaches a minimum, then ends with a negative slope.
C) positive slope, reaches a maximum, then ends with a negative slope.
D) negative slope, reaches a maximum, then ends with a positive slope.
E) positive slope, reaches a minimum, then ends with a negative slope.