Recall the Application About the Possible Link Between the Value

question 140

Multiple Choice

Recall the Application about the possible link between the value of the U.S. dollar and the worldwide increase in commodity prices to answer the following question(s) . Starting in the summer of 2010, there was a rise in prices of commodities such as oil and food worldwide. Some economists suggested that monetary policy in the United States was the cause of the worldwide commodity boom.
-According to this Application, Janet L. Yellen, the Vice-Chair of the Board of Governors, believes that ________ in worldwide demand and ________ of supply were the primary cause of the worldwide increase in commodity prices.

• A) increases; surpluses
• B) increases; shortages
• C) decreases; surpluses
• D) decreases; shortages

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Definitions:

Pc

Often synonymous with Personal Computer, a general-purpose electronic computing device designed for individual use.

Solution

A mixture in which all the components are evenly distributed at the molecular level, or a way to solve a problem.

Tid

An abbreviation for "ter in die," a medical term meaning three times a day, usually in the context of prescribing medication.

Bid

An offer made by an individual or entity to buy something.