Other Things the Same,if Foreign Companies Desired to Buy More

question 44

Multiple Choice

Other things the same,if foreign companies desired to buy more U.S.medical equipment and U.S.residents desired to buy more foreign bonds

• A)net exports and the exchange rate would rise.
• B)net exports would rise,but what would happen to the exchange rate is uncertain.
• C)net exports would fall,but what would happen to the exchange rate is uncertain.
• D)net exports and the exchange rate would fall.

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Definitions:

Marginal Product

The increase in output that arises from an additional unit of input.

Economic Theory

The study of economies or economic systems, the behavior of economic agents, and the allocation of resources.

Workers' Wage

The monetary compensation paid to a worker for their labor.

VMPL

The Value of the Marginal Product of Labor, representing the additional income generated from employing one more unit of labor.