Solved

The Demand for Dollars Slopes Downward Because as the Dollar

Question 46

Multiple Choice

The demand for dollars slopes downward because as the dollar appreciates,________,which leads to fewer dollars being demanded.


A) the exchange rate rises and exported goods become more expensive
B) the exchange rate falls and exported goods become less expensive
C) the exchange rate rises and exported goods become less expensive
D) the exchange rate falls and exported goods become more expensive

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions