How Would a Decrease in the U

question 170

Multiple Choice

How would a decrease in the U.S.budget deficit affect the exchange rate in the market for dollars?

• A)The exchange rate will increase.
• B)The exchange rate will decrease.
• C)The exchange rate will not be affected by a change in the budget deficit.
• D)The impact of the decrease in the budget deficit on the exchange rate cannot be predicted.

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Definitions:

Defendant

The party against whom a lawsuit is filed in a court of law.

Unanimous Opinion

A judicial decision in a court case where all the judges or justices agree on the outcome and rationale of the decision.

Dicta

Latin term referring to nonbinding, nonprecedential judicial statements that are not directly related to the facts or issues presented in the case and thus are not essential to the holding.

Appellate Court

A court that reviews the decisions of lower courts to ensure the law was applied correctly.