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Author Question: If the dollar appreciates (becomes stronger) this causes: a. the relative price of U.S. goods to ... (Read 79 times)

jjjetplane

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  • Posts: 556
on: Jun 30, 2018
If the dollar appreciates (becomes stronger) this causes:
 a. the relative price of U.S. goods to increase for foreigners.
  b. the relative price of foreign goods to decrease for Americans.
  c. U.S. exports to fall and U.S. imports to rise.
  d. a balance of trade deficit for the U.S.
  e. all of these.

Question 2

Saving is disposable personal income spent on investment.
 a. True
  b. False
  Indicate whether the statement is true or false


momtoalll

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  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


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