Multiple Choice
Currency speculators sell Canadian dollars whenever they think that the
A) Canadian real interest rates are rising.
B) Canadian inflation rate is falling.
C) Canadian real GDP is increasing.
D) world prices for Canadian resources are falling.
E) demand for Canadian dollars is increasing.
Correct Answer:
Verified
Correct Answer:
Verified
Q235: An increase in the world price of
Q236: When most speculators expect the Canadian dollar
Q237: A current account surplus means<br>A) Canadian spending
Q238: As the Canadian dollar strengthens, Canadian<br>A) real
Q239: The main items on the<br>A) financial account
Q240: What increases the demand for Canadian dollars
Q241: When Richard from New York buys a
Q242: According to the law of demand for
Q243: A weaker Canadian dollar is always preferable
Q244: Suppose purchasing power parity (PPP) depends only