Macroeconomics

The higher the exchange rate, the a. the lower the dollar cost of imp

The higher the exchange rate, the a. the lower the dollar cost of imported goods and the higher the demand for foreign exchange. b. higher the dollar cost of imported goods and the lower the demand for foreign exchange. c. higher both the dollar cost of imported goods and the demand for foreign exchange. d. […]

Read full post

Date: September 10th, 2020

The type of commercial policy followed by England under the navigation

The type of commercial policy followed by England under the navigation laws (a) was followed throughout the 17th and 18th centuries but not by any governments today. (b) was followed throughout the 17th and 18th centuries and is still pursued, in one way or another, by all governments in the world today. (c) was followed […]

Read full post

Date: September 10th, 2020

The Articles of Confederation (1777–1781) did all of the following e

The Articles of Confederation (1777–1781) did all of the following except (a) Tax the colonists to finance the central government (b) Provide a formal means by which the colonists communicated and interacted (c) Granted significant power to the colonial states (d) Required negotiations for funding the War between the leaders of the American Revolution and […]

Read full post

Date: September 10th, 2020