Last Week,six Swedish Kronor Could Purchase One U

question 258

Multiple Choice

Last week,six Swedish kronor could purchase one U.S.dollar.This week,it takes eight Swedish kronor to purchase one U.S.dollar.This change in the value of the dollar will ________ exports from the United States to Sweden and ________ U.S.aggregate demand.

• A)increase; increase
• B)decrease; decrease
• C)increase; decrease
• D)decrease; increase

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Definitions:

Road Traffic Laws

Laws established to regulate vehicles and traffic to ensure safety on roads for drivers, passengers, and pedestrians.

Tort for Damage

A civil wrong that causes someone to suffer loss or harm resulting in legal liability for the person who commits the tortious act.

Trespass

Entering onto someone's property without permission, which is considered a legal wrongdoing.

Eavestroughs

Gutters fixed beneath the edge of a roof for draining rainwater from a roof.