Assuming a fixed exchange rate, a decrease in U.S. prices relative to European prices will:
a. decrease European exports to the United States.
b. increase U.S. imports from Europe.
c. decrease aggregate spending in the U.S.
d. not affect U.S. exports or imports.
e. raise the purchasing power of U.S. consumers.
Question 2
A good economic theory:
a. includes every detail that affects the economic behavior of interest.
b. relies on simplifying assumptions in order to explain economic behavior.
c. does not rely on simplifying assumptions.
d. is impossible to achieve because of the difficulty of conducting controlled experiments.
A fixed action pattern elicited by a sign stimulus.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Conduction and gas exchange structures and functions.
Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ...
Effect of Increasing the Investment Rate on the Steady State