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Subject - Economics:

Macroeconomics

MCQ - 73-4083

Question:

All else equal, when the United States exports more goods and services,

  1. the value of the dollar falls as the supply of dollars increases.
  2. the value of the dollar rises as demand for dollars increases.
  3. the value of the dollar falls as demand for dollars decreases.
  4. the value of the dollar rises as demand for dollars increases.
  5. the value of the dollar falls as demand for dollars increases.

Correct Answer: B

Explanation:

More exports means an increased demand for the dollar. Stronger demand for the dollar increases the value of the dollar.

Record Performance

269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: All else equal, when the United States exports more goods and services, , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 73-4083.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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