In the Open-Economy Macroeconomic Model,the Demand for Dollars Shifts Right

question 56

Multiple Choice

In the open-economy macroeconomic model,the demand for dollars shifts right if at any given exchange rate

• A)foreign residents want to buy more U.S.goods and services.
• B)U.S.residents want to buy fewer foreign goods and services.
• C)Both A and B are correct.
• D)None of the above is correct.

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Definitions:

Economic Interests

The financial stakes or advantages that individuals or organizations seek to achieve, which influence their decisions and behaviors in economic contexts.

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, with intent to deceive and induce another to act upon it.

Falsely Tells

Communicating untruths or inaccurate information, either knowingly or unintentionally.

Assault

An act of physical attack or a threat of attack that makes another person fear imminent bodily harm.