If the Value of the U

question 2

Multiple Choice

If the value of the U.S.dollar rises from 1.0 per dollar to 1.3 per dollar,

• A)imports of automobiles from Germany will decline
• B)American inflation will increase
• C)German exports of all traded goods will decline
• D)American exports to Germany will decrease
• E)sales by American manufacturers for the export markets will increase.

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Definitions:

Conscious System

Refers to the aspect of the human mind that is aware of self, the environment, and one's own thoughts, feelings, and experiences.

Abstract Categories

Conceptual groups or classifications that do not rely on physical properties but rather on shared qualities or ideas.

Age 2 1/2

A developmental stage in early childhood characterized by rapid changes in physical, cognitive, and social capabilities.

Familiarity Breeds

A phenomenon suggesting that increased exposure to something or someone tends to lead to a greater liking of it or them, though it can sometimes result in contempt.