Which of the Following Would Result from Devaluation of the U.S.dollar

question 11

Multiple Choice

Which of the following would result from devaluation of the U.S.dollar?

• A)Foreign goods would be less expensive for American consumers.
• B)Foreign companies would have to pay more to purchase U.S.assets.
• C)The cost of foreign vacations for U.S.citizens would be reduced.
• D)U.S.goods would sell for less abroad.

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Definitions:

Minimum Wage

The lowest legal hourly pay for workers, set by government regulation.

Scientific Management

An early management theory that emphasizes the use of scientific methods to determine the most efficient ways to work, enhance productivity, and reduce waste.

Frederick Taylor

An engineer who is considered the father of scientific management, emphasizing efficiency, systematic management, and task specialization.

Scientific Management

A management theory developed by F.W. Taylor that emphasizes efficiency and productivity through the measurement, and analysis of workflow.