If Real Incomes in Foreign Nations Were Growing Less Rapidly

question 83

Multiple Choice

If real incomes in foreign nations were growing less rapidly than U.S. real incomes, one would expect that as a result,

• A)​the exchange value of the dollar would decline relative to other currencies.
• B)​the exchange value of the dollar would increase relative to other currencies.
• C)​there would likely be no effect on the exchange value of the dollar relative to other currencies.
• D)​there would be an indeterminate effect on the exchange value of the dollar relative to other currencies.

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Definitions:

Defensive

A state of being protective against criticism, challenge, or threat.

Genuineness

The quality of being authentic, sincere, and honest in one's interactions and presence.

Tense/relaxed Continuum

A conceptual scale that describes the varying degrees of tension or relaxation present in an individual, situation, or environment.

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.