Other Things the Same,if the U.S.price Level Rises,then

question 48

Multiple Choice

Other things the same,if the U.S.price level rises,then

• A)the supply of dollars in the market for foreign-currency exchange increases,so the exchange rate rises.
• B)the supply of dollars in the market for foreign-currency exchange increases,so the exchange rate falls.
• C)the supply of dollars in the market for foreign-currency exchange decreases,so the exchange rate rises.
• D)the supply of dollars in the market for foreign-currency exchange decreases,so the exchange rate falls.

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Definitions:

Upsloping Line

In economics, represents a graph where the value or quantity increases as another variable increases, often seen in supply curves.

ATC Curves

Graphs that depict the average total costs of production at different levels of output, illustrating economies or diseconomies of scale.

Purely Competitive

A market structure characterized by a large number of sellers offering identical products, where no single seller can influence market prices.

Marginal Revenue

The extra income a company earns by selling an additional unit of a product or service.