Question 13 If the U.S. dollar appreciates, then U.S. exports O a) increase and U.S. imports decrease. b) decrease and U.S. imports increase. c) and U.S. imports both increase. d) and U.S. imports both decrease. Question 14 You are in Gemary and are considering buying a beer stein as a souvenir The price of the stein is 20 euros. If the exchange rate is 129 dollars per euro, thenhow much does the stein really cost you in tems of US dollars? O a) 20*1.29 O b) 20129 O c) 20+129 d) None of the above
Question 13 If the U.S. dollar appreciates, then U.S. exports O a) increase and U.S. imports decrease. b) decrease and U.S. imports increase. c) and U.S. imports both increase. d) and U.S. imports both decrease. Question 14 You are in Gemary and are considering buying a beer stein as a souvenir The price of the stein is 20 euros. If the exchange rate is 129 dollars per euro, thenhow much does the stein really cost you in tems of US dollars? O a) 20*1.29 O b) 20129 O c) 20+129 d) None of the above
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter14: A Macroeconomic Theory Of The Open Economy
Section: Chapter Questions
Problem 7PA
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Please solve both 13 and 14th question . I will give you thumbs up .
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