If the Dollar Appreciates,how Will Aggregate Demand in the United

question 48

Multiple Choice

If the dollar appreciates,how will aggregate demand in the United States be affected?

• A)Aggregate demand will shift to the right as exports increase.
• B)Aggregate demand will shift to the right as imports increase.
• C)Aggregate demand will shift to the left as imports increase.
• D)Aggregate demand will shift to the left as exports increase.

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Definitions:

Fundamental Duty

A basic or essential obligation that is imposed on an individual or entity by law, morality, or contract.

Bailments

A legal relationship where personal property is transferred from one party to another under agreement that the property will be returned or otherwise dealt with according to the owner's directions.

Express

Directly stated, explicit, or clearly defined.

Implied

Not explicitly stated but understood from the circumstances or context of an agreement or action.