Suppose There Is a Real Depreciation of the Dollar

question 7

Multiple Choice

Suppose there is a real depreciation of the dollar.Which of the following may have occurred?

• A)foreign currency has become more expensive in dollars.
• B)foreign goods have become more expensive to Americans.
• C)the foreign price level has increased relative to the U.S. price level.
• D)all of the above
• E) none of the above

---

Definitions:

Cannon-Bard

A theory of emotion that argues that physiological arousal and emotional experience occur simultaneously, yet independently.

Self-Actualization

The act of reaching one's full potential and making use of their talents, perceived as a universal desire or requirement.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Sexual Orientation

A person’s sexual attraction to and affection for members of either the opposite or the same sex.