As the Price Level Rises,the Exchange Rate

question 21

Multiple Choice

As the price level rises,the exchange rate

• A)falls,so exports rise and imports fall.
• B)falls,so exports fall and imports rise.
• C)rises,so exports rise and imports fall.
• D)rises,so exports fall and imports rise.

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Definitions:

Listening Process

The act of receiving, understanding, recalling, evaluating, and responding to verbal and non-verbal messages.

Interpreting

The process of explaining or providing the meaning of something, often involving the translation of languages or elucidation of data.

Remembering

The cognitive process of recalling information that has been learned or experienced.

Minutes

A written record of the main points discussed and decisions made during a meeting.