Author Question: The market for U.S. cars was impacted significantly by consumers' options to buy which of the ... (Read 61 times)

magmichele12 · **on:** Jun 30, 2018

The market for U.S. cars was impacted significantly by consumers' options to buy which of the following?

(a) Used cars
(b) New cars produced by U.S. producers
(c) New cars produced by foreign producers
(d) All of the above

Question 2

Within a system of perfectly flexible exchange rates, an decrease in the United States demand for imports would result in a

a. rise in the exchange rate.
b. fall in the exchange rate.
c. balance of payments deficit.
d. balance of payments surplus.