Other Things Remaining the Same, the

question 73

Multiple Choice

Other things remaining the same, the

• A)lower the exchange rate, the cheaper are foreign- produced goods and services.
• B)larger the value of Australian imports, the greater is the quantity of Australian dollars supplied to the foreign exchange market.
• C)larger the value of Australian imports, the smaller is the quantity of foreign currency demanded.
• D)higher the exchange rate, the lower is the quantity of Australian dollars supplied to the foreign exchange market.

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Definitions:

Effectiveness

The degree to which something is successful in producing a desired result.

Insight Therapies

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