In the Open-Economy Macroeconomic Model,a Higher U

question 86

Multiple Choice

In the open-economy macroeconomic model,a higher U.S.real exchange rate makes

• A)U.S.goods more expensive relative to foreign goods and reduces the quantity of dollars supplied.
• B)U.S.goods more expensive relative to foreign goods and reduces the quantity of dollars demanded.
• C)foreign goods more expensive relative to U.S.goods and reduces the quantity of dollars supplied.
• D)foreign goods more expensive relative to U.S.goods and reduces the quantity of dollars demanded.

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Definitions:

Developmental Stages

Distinct periods in an individual’s life which are characterized by unique physical, cognitive, and emotional developments.

Assimilation

In Piaget’s theory, the developing child’s process of interpreting the environment in terms of the schemas he already has.

Accommodation

In Piaget’s theory, the developing child’s process of changing his schemas based on his interactions with the environment.

Conservation of Number

A cognitive ability in children to understand that the quantity of something remains the same despite changes in its form or arrangement.