Assume That the U

question 29

Multiple Choice

Assume that the U.S.demand for imports is perfectly inelastic.If the dollar is devalued then the total import value in dollars will:

• A) Increase
• B) Decrease
• C) Stay the same
• D) Uncertain

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Definitions:

Harmony

A state of agreement or tranquility within a group or environment.

Divorce Rate

The statistical measure of the number of divorces occurring among the population within a given time period.

Remarriages

The act of marrying again after being divorced or widowed.

First Marriages

The initial marital union of an individual, marking their first formal commitment through marriage.