Everything Else Held Constant,if a Factor Increases the Demand for ________

question 66

Multiple Choice

Everything else held constant,if a factor increases the demand for ________ goods relative to ________ goods,the domestic currency will appreciate.

• A)foreign;domestic
• B)foreign;foreign
• C)domestic;domestic
• D)domestic;foreign

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Definitions:

Inconsistent

Containing elements that are logically in conflict with each other, unable to be true in the same context or at the same time.

Truth Tables

A table used in the field of logic to calculate the values of logical expressions based on their arguments.

Consistent

This term refers to arguments or sets of statements that do not contain any contradictions between them.

Truth Value

The attribute of a statement that denotes its correctness or falsity.