If Speculators Lost Confidence in Foreign Economies and So Wanted

question 47

Multiple Choice

If speculators lost confidence in foreign economies and so wanted to buy more U.S.bonds

• A)the dollar would appreciate which would cause aggregate demand to shift right.
• B)the dollar would appreciate which would cause aggregate demand to shift left.
• C)the dollar would depreciate which would cause aggregate demand to shift right.
• D)the dollar would depreciate which would cause aggregate demand to shift left.

---

Definitions:

Inelastic

Describes a situation where the demand or supply of a good is not significantly affected by changes in price.

Supply

The total amount of a good or service that is available to consumers.

Farm Prices

The amount of money that farmers receive for their products, which can fluctuate based on supply, demand, and external factors.

Agricultural Risk Coverage

Agricultural Risk Coverage is a U.S. government program designed to protect agricultural producers from revenue losses due to market fluctuations.