Figure 32-2 -Refer to Figure 32-2. If the Real Exchange Rate Is

question 79

Multiple Choice

Figure 32-2
-Refer to Figure 32-2. If the real exchange rate is 1, then there is a

• A)surplus of 100 so the real exchange rate will fall.
• B)surplus of 100 so the real exchange rate will rise.
• C)shortage of 100 so the real exchange rate will fall.
• D)shortage of 100 so the real exchange rate will rise.

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Definitions:

American Workers

Individuals employed in the United States, contributing to its economy and labor market.

Unskilled Workforce

A section of the labor market that has no special training or skills, typically associated with lower-paying jobs that require minimal education or training.

Prices Rose

An economic condition where the general level of prices for goods and services increases over a period.

Filibusters

A parliamentary procedure used in various legislative bodies to extend debate or delay decisions on a bill, often by making long speeches.