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Q1: A stronger dollar will likely hurt (a) textile producers in South Carolina. (b) wheat farmers in Montana. (c) automobile manufacturers in Michigan. (d) all

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Q1: A stronger dollar will likely hurt (a) textile producers in South Carolina. (b) wheat farmers in Montana. (c) automobile manufacturers in Michigan. (d) all of the above since their exports will decline. (e) none of the above since their exports will increase. Q2: A weaker dollar will likely hurt (a) textile producers in South Carolina. (b) wheat farmers in Montana. (c) automobile manufacturers in Michigan. (d) all of the above since their exports will decline. (e) none of the above since their exports will increase. Q3: A stronger dollar benefits and hurts (a) American businesses; American consumers (b) American businesses; foreign businesses (c) American consumers; American businesses (d) foreign businesses; American consumers Q4: A weaker dollar benefits and hurts (a) American businesses; American consumers (b) American businesses; foreign consumers (c) American consumers; American businesses (d) foreign businesses; American consumers Q5: Poorly performing financial markets can be the cause of (a) wealth. (b) poverty. (c) financial stability. (d) all of the above. (e) none of the above.QT: Interest rates affect {a} individuals. {b} businesses. {c} the overall economy. {d} all of the above. {e} only [b] and {c} of the above. Q8: The bond markets are important because {a} they are easily the most widely followed nancial markets in the United States. {b} they are the markets where foreign exchange rates are determined. {c} they are the markets where interest rates are determined. {d} of each of the above. {e} of only {a} and {b} of the above. Q9: A decline in interest rates will cause spending on housing to {a} fall. {b} remain unchanged. {c} cannot be determined. {d} rise. {e} none of the above. lQltl: The stock market is important because {a} it is where interest rates are determined. {b} it is the most widely followed fmancial market in the United States. {c} it is where foreign exchange rates are determined {d} all of the above. Q1 1: The Gross Domestic Product is the {a} the value of all wealth in an economy. {b} the value of all stocks and bonds sold in an economy in a year. {c} the market value of all final goods and services produced in an economy in a year. {d} the market value of all intermediate goods and services produced in an economy in a year. {e} the value of all goods and services sold to other nations in a year

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