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.

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Definitions:

Harlow (1958)

A reference to the landmark psychological study by Harry Harlow on attachment, demonstrating the importance of comfort and care over mere nourishment in rhesus monkeys.

Contact Comfort

The physical and emotional comfort that an individual derives from being in physical contact with another.

Attachment

A deep and enduring emotional bond that connects one person to another across time and space.

Erikson and Bowlby

Refer to psychologists Erik Erikson, known for his theory on psychosocial development, and John Bowlby, known for his work on attachment theory.