If European Inflation Suddenly Becomes Much Higher Than U

question 54

Multiple Choice

If European inflation suddenly becomes much higher than U.S. inflation, the U.S. demand for European goods will ____. In addition, the supply of euros to be sold for dollars will ____; both forces will place ____ pressure on the value of the euro.

• A)increase; decline; upward
• B)increase; decline; downward
• C)decrease; increase; upward
• D)decrease; increase; downward
• E)None of these are correct.

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Definitions:

Gossip

Informal communication that often involves information about other people that is not necessarily confirmed as true and which might include personal or private details.

Suggestion System

A formal method where employees can submit ideas or proposals to improve organizational processes or products.

Organization's Telephone Hotline

A dedicated phone line set up by an organization to offer information, support, or emergency services to its members or the public.

Grapevine

An informal network within an organization where information, rumors, and gossip are spread.