Which of the Following Is the Last Step in the Sequence

question 160

Multiple Choice

Which of the following is the last step in the sequence?

• A)A strong dollar relative to foreign currencies hurts U.S.exporters
• B)As the money supply increases,interest rates fall in the short run
• C)The value of the dollar declines
• D)Low U.S.interest rates makes the dollar less attractive to foreign investors
• E)The Fed chooses an expansionary monetary policy

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Definitions:

Normative Social Influence

External social pressures that drive us to adjust ourselves in efforts to be embraced and approved by others.

Group Polarization

The phenomenon where a group of individuals tends to make decisions that are more extreme than the initial inclination of its members.

Approval

The act of accepting or consenting to something, often given formally or officially.

Learner

An individual who is acquiring knowledge or skill through study, experience, or being taught.