Everything Else Held Constant,a Stronger Dollar Benefits ________ and Hurts

question 87

Multiple Choice

Everything else held constant,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

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Definitions:

Median-Voter Model

A theoretical model that suggests the outcome of a majority vote is most likely to represent the preferences of the voter who is precisely in the middle of the preference spectrum.

Voting Period

The designated timeframe during which eligible individuals can cast their votes in an election or on a specific issue.

Public Good

A provision of goods or services to everyone in a society, not aiming for profit, and supplied by the government, private individuals, or organizations.

Marginal Cost

The price of creating an additional unit of a good or service.