In the Open-Economy Macroeconomic Model,if for Some Reason Foreign Citizens

question 1

Multiple Choice

In the open-economy macroeconomic model,if for some reason foreign citizens want to purchase more U.S.goods and services at each exchange rate,then

• A)the demand for dollars in the market for foreign-currency exchange shifts right.
• B)the demand for dollars in the market for foreign-currency exchange shifts left.
• C)the supply of dollars in the market for foreign-currency exchange shifts right.
• D)the supply of dollars in the market for foreign-currency exchange shifts left.

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Definitions:

Rent Revenue

Income earned from leasing out properties or equipment to tenants or lessees.

Decrease in Assets

A reduction in the value or quantity of the assets held by a company.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on a portion of its profits or losses.

Revenue

The overall income that a corporation gathers from the sales of merchandise or offering of services throughout a designated period.