One Way to Increase U

question 99

Multiple Choice

One way to increase U.S. net exports is to

• A)lower the value of the U.S.exchange rate.
• B)raise the value of the U.S.exchange rate.
• C)keep the U.S.exchange rate fixed.
• D)make U.S.exchange rate fluctuate a lot over time.
• E)make sure the U.S.exchange rate appreciate over time.

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Definitions:

Excise Taxes

Taxes levied on the sale of specific goods and services, such as gasoline, cigarettes, and alcohol.

Fiscal Year

A fiscal year is a one-year period that companies and governments use for accounting purposes and preparing financial statements, which does not necessarily align with the calendar year.

Social Security Tax

Taxes collected to fund the Social Security program, providing benefits for retirement, disability, and survivors.

Personal Income Tax

A tax levied on individuals or households by the government based on their income, with rates typically increasing as income increases.