Without Considering the Effect That a Change in the Value

question 83

Multiple Choice

Without considering the effect that a change in the value of a currency might have on trade, the net effect of an expansionary fiscal policy is:

• A)ambiguous with respect to the trade balance, but positive with respect to the exchange rate.
• B)ambiguous with respect to the exchange rate, but negative with respect to the trade balance.
• C)negative with respect to the exchange rate and positive with respect to the trade balance.
• D)positive with respect to the exchange rate and negative with respect to the trade balance.

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Definitions:

Competitive

The desire to win or be more successful than others, often involving comparison against a standard or opponent.

Gender Typing

The process by which individuals learn to conform to traditional gender roles through societal and cultural influences.

Masculine

Traits or qualities traditionally associated with men and boys, such as strength, assertiveness, and leadership, often influenced by cultural, social, and individual perceptions.

Feminine

Qualities or attributes regarded as characteristic of women or girls; often associated with gentleness, empathy, and sensitivity.