Author Question: From the perspective of the United States, an increase in the nominal exchange rate will cause which ... (Read 88 times)

torybrooks · **on:** Jun 30, 2018

From the perspective of the United States, an increase in the nominal exchange rate will cause which of the following?

A) the dollar becomes less expensive to foreigners
B) foreign goods are more expensive to Americans
C) foreign currency is more expensive to Americans
D) American goods are more expensive to foreigners
E) none of the above

Question 2

The two labor markets in the dual labor market are

A) southern versus northern.
B) western versus eastern.
C) English speaking versus non-English speaking.
D) domestic versus foreign.
E) none of the above