In the Open-Economy Macroeconomic Model,as the Exchange Rate Rises

question 54

Multiple Choice

In the open-economy macroeconomic model,as the exchange rate rises,

• A)desired net exports fall,so the quantity of dollars supplied rise.
• B)desired net exports fall,so the quantity of dollars demanded falls.
• C)desired net exports rise ,so the quantity of dollars supplied falls.
• D)desired net exports rise,so the quantity of dollars demanded rises.

---

Definitions:

Economic Determinism

The theory that economic forces and structures are the primary determinant of social practices, institutions, and societal changes.

Scientific Method

A systematic process used for researching phenomena, acquiring new knowledge, or correcting and integrating previous knowledge.

Society

Society refers to a group of individuals who live together in a defined territory, share a culture, and typically operate under a common political and economic system.

Economic Determinism

The theory that economic relationships are the foundation upon which all societal and political structures are built.