Question
34. Which of the following is most likely to result from a stronger Deutsch mark? A. U.S goods exported aboard will cost less in Germany,
34. Which of the following is most likely to result from a stronger Deutsch mark?
A. U.S goods exported aboard will cost less in Germany, and so Germans will buy more of them.
B U.S goods exported aboard will cost more in Germany, and so Germans will buy more of them
C. U.S goods exported abroad will cost more in Germany, and so Germans will buy fewer of them
D. Americans will purchase more of foreign goods.
33. Budget deficits can be a concern because they might
A. Ultimately lead to lower inflation
B. Lead to lower interest rates
C. Lead to a higher rate of money growth
D. Cause all of the above to occur
E. Cause both(a) and (b) of the above to occur
36. From 1971 to 1973 the dollar depreciated in value, thereby, benefiting ______ and harming ______
A. American businesses; American consumers
B. American businesses; foreign consumers
C. Foreign consumers; American businesses
D. Foreign businesses; American consumers
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