The net-export effect of contractionary monetary policy is
A) the appreciation of the value of the dollar and a resulting decrease of U.S. net exports.
B) the depreciation of the value of the dollar and a resulting increase of U.S. net exports.
C) the appreciation of the value of the dollar and a resulting increase of U.S. net exports.
D) the depreciation of the value of the dollar and a resulting decrease of U.S. net exports.
Question 2
The majority of spending in the government purchases category comes from the federal government.
Indicate whether the statement is true or false
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