If the US Dollar Depreciates, Then U

question 43

Multiple Choice

If the U.S. dollar depreciates, then U.S. exports become ____ expensive to foreigners and foreign goods become ____ expensive to U.S. citizens.

• A) less; less
• B) less; more
• C) more; less
• D) more; more

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Definitions:

Émile Durkheim

A French sociologist, one of the founding figures of sociology, known for his studies on social solidarity, religion, and the division of labor in society.

Stanley Cup

The championship trophy awarded annually to the National Hockey League (NHL) playoff winner.

Collective Effervescence

A concept in sociology describing the sense of energy and harmony people feel when they come together in a group for a shared purpose.

Collective Conscience

a term coined by Emile Durkheim to describe the set of shared beliefs, ideas, and moral attitudes which operate as a unifying force within society.