Depreciation of the real exchange rate Multiple Choice makes U.S. exports more expensive to foreigners. means an appreciation of the nominal exchange rate. makes U.S. exports less expensive to foreigners. means a basket of U.S. goods would exchange for more foreign goods. Comparing Moody's Aaa corporate bond yield to the yield on 10-year U.S. Treasury bonds, the spread increased from 1.14 on January 3 , 2020 , to 2.81 on March 23, 2020. What does this type of increase signal? Multiple Choice Consumers are less willing to take on riskier investments. The economy is heading for an expansion in economic activity. Borrowers can pay lower interest rates to get investors to take risks. There is an increase in confidence in the U.S. economy