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If the U.S. real exchange rate decreases, U.S. imports will fall and U.S. exports will rise.
Winston-Salem
A city in North Carolina, USA, known for its historical tobacco industry and cultural sites.
Suburbs
Residential areas located on the outskirts of cities or large towns, typically characterized by lower population density and more single-family homes than urban centers.
Tree-lined Neighborhoods
Residential areas characterized by the abundance of trees along streets and in public spaces, contributing to aesthetic appeal, shade, and environmental benefits.
Commutes
The daily travel undertaken by individuals to get from their place of residence to their place of work or study and back.
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