Multiple Choice
One effect of a stronger dollar is
A) an increase in U.S. exports and a reduction in U.S. imports.
B) a reduction in U.S. exports and an increase in U.S. imports.
C) an increase in net exports.
D) an increase in both imports and exports. The effect on net exports is uncertain.
Correct Answer:
Verified
Correct Answer:
Verified
Q41: According to Say's law<br>A) desired expenditures are
Q42: A new discovery of large volumes of
Q43: In the classical model, changes in interest
Q44: The short-run aggregate supply curve would shift
Q45: In the Keynesian model, to understand the
Q47: An inflationary gap is the amount by
Q48: Classical economists argued that<br>A) there would always
Q49: A recessionary gap results when<br>A) aggregate demand
Q50: The gap that exists when equilibrium real
Q51: Which one of the following statements is