When the Dollar Appreciates,U.S

question 59

Multiple Choice

When the dollar appreciates,U.S.

• A)net exports rise,which increases the aggregate quantity of goods and services demanded.
• B)net exports rise,which decreases the aggregate quantity of goods and services demanded.
• C)net exports fall,which increases the aggregate quantity of goods and services demanded.
• D)net exports fall,which decreases the aggregate quantity of goods and services demanded.

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Definitions:

Sticky Wages

A situation in economics where wages do not adjust quickly to changes in labor market conditions, often leading to unemployment or surplus of labor.

Business Expectations

Business expectations relate to the outlooks and forecasts that businesses have regarding future economic conditions, which can influence their strategic planning and operations.

Progressive Tax

A tax system in which tax rates increase as the taxable amount increases, placing a higher burden on those with higher incomes.

Tax Receipts

The revenue collected by a government from taxes, which can include income, sales, and property taxes among others.