How Will the Exchange Rate (Foreign Currency Per Dollar)respond to a Decrease

question 171

Multiple Choice

How will the exchange rate (foreign currency per dollar) respond to a decrease in the relative rate of productivity growth in the United States in the long run?

• A)Exchange rates will rise.
• B)Exchange rates will fall.
• C)Exchange rates will be unaffected by changes in the relative rate of productivity growth in the United States,both in the short run and in the long run.
• D)The exchange rate will be affected in the short run,but not in the long run.

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Definitions:

Filum Terminale

The filum terminale is a thin, fibrous tissue extension from the lower end of the spinal cord, anchoring the spinal cord to the coccyx and stabilizing it within the spinal column.

Coccyx

The coccyx, commonly known as the tailbone, is the small bone at the base of the vertebral column that is composed of fused vertebrae.

Pia Mater

The delicate inner layer of the meninges that closely covers the brain and spinal cord, protecting the central nervous system.

Arbor Vitae

Refers to the "tree of life" arrangement of white matter in the cerebellum that facilitates cerebellar connections.