Other Things Equal, If the U

question 220

Multiple Choice

Other things equal, if the U.S.dollar were to depreciate, the

• A)aggregate demand curve would remain fixed in place.
• B)aggregate supply curve would shift to the left.
• C)aggregate supply curve would shift to the right.
• D)aggregate demand curve would shift to the left.

---

Definitions:

Wall Street

Refers to the financial district of New York City, known as a major center for the world's financial markets.

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgements is reliably greater than their objective accuracy, especially when confidence is relatively high.

Judgments

Legal decisions made by a court regarding the rights and liabilities of parties in a legal action or proceeding.

Opinions

Opinions are personal beliefs or judgments that are not necessarily based on fact or knowledge.