Suppose That Last Year $1 U

question 92

Multiple Choice

Suppose that last year $1 U.S. exchanged for 1.2 euros. If this year $1 exchanges for 1.3 euros, then we can conclude that

• A)the dollar is weaker this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS)curve to shift to the left.
• B)the dollar is weaker this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS)to shift to the right.
• C)the dollar is stronger this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS)curve to shift to the left.
• D)the dollar is stronger this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS)curve to shift to the right.

---

Definitions:

Popular Votes

Represents the total number of votes cast by the public in an election, as opposed to votes determined by electors or delegates.

Democrat

A member or supporter of the Democratic Party in the United States, typically associated with liberal policies and ideologies.

Accident Rates

The frequency or number of accidents occurring in a particular area or among a specific group of people over a given time period.

Age Group

Classification of individuals based on their age, often used in research and marketing.