The Strong Dollar in 2001

question 86

Multiple Choice

The strong dollar in 2001

• A) made U.S. exports more attractive relative to foreign goods, thereby increasing U.S. exports.
• B) made U.S. exports more expensive relative to foreign goods, thereby reducing U.S. exports.
• C) made U.S. imports more expensive, thereby reducing aggregate demand.
• D) made U.S. imports more attractive, thereby increasing aggregate demand.

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Definitions:

Natural Person

A human being, as opposed to a legal entity such as a corporation, recognized as a legal subject with rights and obligations.

Real Estate Transactions

Legal agreements involving the transfer of ownership or rights in real property from one party to another.

HUD

The United States Department of Housing and Urban Development, a federal agency responsible for national policies and programs addressing America's housing needs.

One-Year Warranty

A guarantee given by the seller or manufacturer to the buyer that a product will be free from defects for a period of one year from the date of purchase.