Suppose the Dollar Is Devalued

question 13

Multiple Choice

Suppose the dollar is devalued.If an import contract is written in dollars,then the value of U.S.imports:

• A) Decrease
• B) Increase
• C) Stay the same
• D) Not possible to answer with the given information

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Definitions:

Bipedal Walking

The ability to walk upright on two legs, a characteristic feature of humans and their ancestors that distinguishes them from other primates.

Phalanges

Bones in the fingers or toes.

Mineral

In the diet, an element that is required in small amounts for normal metabolism.

Bones

Hard, dense connective tissue that forms the structural elements of the skeleton in vertebrates, providing support and protection.