In the Open-Economy Macroeconomic Model,a Higher U

question 86

Multiple Choice

In the open-economy macroeconomic model,a higher U.S.real exchange rate makes

• A)U.S.goods more expensive relative to foreign goods and reduces the quantity of dollars supplied.
• B)U.S.goods more expensive relative to foreign goods and reduces the quantity of dollars demanded.
• C)foreign goods more expensive relative to U.S.goods and reduces the quantity of dollars supplied.
• D)foreign goods more expensive relative to U.S.goods and reduces the quantity of dollars demanded.

---

Definitions:

Individual Differences

Variations among individuals in their behavior, cognition, personality, or physical functioning, often studied in psychology to understand human diversity.

Sociocultural Perspective

A view that looks at how society and culture shape cognition, behavior, and attitudes, emphasizing social interaction and cultural determinants.

Cultural Influences

The impact of a society's norms, values, practices, and social structures on the thoughts, behaviors, and feelings of its members.

Behavior

The observable actions or responses of an individual or a system.