From 2001 to 2004 the U

question 164

Multiple Choice

From 2001 to 2004 the U.S.budget went from surplus to deficit.According to the open economy macroeconomic model,this change should have

• A)increased U.S.interest rates and increased the real exchange rate of the dollar.
• B)increased U.S.interest rates and decreased the real exchange rate of the dollar.
• C)decreased U.S.interest rates and increased the real exchange rate of the dollar.
• D)decreased U.S.interest rates and decreased the real exchange rate of the dollar.

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Definitions:

Respondents

Individuals who provide data or answers to questions in a survey or study.

One-sample Chi-square

A statistical test that determines if the observed frequencies differ significantly from the expected frequencies in one categorical dataset.

Correct Formula

The precise and accurate equation or expression used to calculate or solve a particular mathematical or analytical problem.

Greek Symbol Chi

A symbol (χ) used in statistics to represent variables, coefficients, and as the chi-square (χ²) test for independence and goodness of fit.