Multiple Choice
The demand curve for U.S. dollars slopes downward because as the dollar ________ U.S. goods become ________ expensive to foreign residents, so they purchase fewer U.S. goods, and the quantity of dollars demanded decreases.
A) appreciates; more
B) appreciates; less
C) depreciates; more
D) depreciates; less
Correct Answer:
Verified
Correct Answer:
Verified
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