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If there is a sudden large increase in demand for U.S.- made software in world markets, Select one: O a. other U.S. goods will tend
If there is a sudden large increase in demand for U.S.- made software in world markets, Select one: O a. other U.S. goods will tend to look less expensive to foreign buyers. O b. exchange rates will reflect a lower value of the U.S. dollar. O c. goods from other countries will tend to look more expensive to U.S. buyers. O d. there will be no effect on exchange rates. O e. exchange rates will reflect a higher value of the U.S. dollar. The wages of trained computer programmers is most likely to increase if Select one: O a. the price of other resources that can be substituted for computer programmers is reduced. O b. the demand for products made by computer programmers goes down. O c. the demand for products made by computer programmers goes up. O d. the supply of computer programmers is increased due to more places to receive training. O e. software piracy enables people to copy computer programs rather than buying them.What result would you most expect if there is a fall in resource prices (in the short run)? Select one: O a. The price level would fall, and real output would increase. O b. Real output would decline, and the price level would increase. O c. The price level would rise and real output would also rise. O d. The price level would remain unchanged, and real output would rise. O e. Real output would remain unchanged, and the price level would fall
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