As the Price Level Rises,the Interest Rate

question 137

Multiple Choice

As the price level rises,the interest rate

• A)falls,so the supply of dollars in the market for foreign currency exchange shifts left.
• B)falls,so the supply of dollars in the market for foreign currency exchange shifts right.
• C)rises,so the supply of dollars in the market for foreign currency exchange shifts left.
• D)rises,so the supply of dollars in the market for foreign currency exchange shifts right.

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Definitions:

Power Distance

A cultural dimension that describes the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Big Five Traits

A model in psychology that outlines five broad dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Agreeableness

The emotional style of a person that may range from easygoing, friendly, and likable to grumpy, crabby, and unpleasant.

Extraversion

Dimension of personality referring to one’s need to be with other people.