Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

36. From 1971 to 1973 the dollar depreciated in value, thereby, benefiting -------- and harming ----- A. American businesses; American consumers B. American businesses; foreign

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

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

French Banking And Entrepreneurialism In China And Hong Kong From The 1850s To 1980s

Authors: Hubert Bonin

1st Edition

0429560095, 9780429560095

More Books

Students also viewed these Economics questions

Question

To what extent are the reasons widely understood? L01

Answered: 1 week ago