A Weaker U

question 34

Multiple Choice

A weaker U.S. dollar is an economically favorable exchange-rate shift for manufacturing plants based in the United States.

• A)This is a true statement.
• B)No, the U.S. dollar must be stronger.
• C)Yes, because it provides for a weakened foreign demand for U.S.-made goods.
• D)Yes, because it makes such plants less cost competitive with foreign plants.
• E)Yes, because it provides incentives of foreign companies to locate manufacturing facilities in the U.S. to make goods for U.S. consumers.

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Definitions:

Group Unanimity

A situation where members of a group completely agree on a decision or opinion, often influencing the behavior and thoughts of its individuals.

Task Difficulty

Refers to the level of challenge presented by a task, with the degree of difficulty affecting how an individual or group performs.

Informational Influence

The change in beliefs or behavior that occurs when an individual accepts information from others as evidence about reality.

Napkin

A piece of cloth or paper used at the table for wiping the mouth and fingers while eating.