When interest rates increase in the United States O there is a tendency for the value of the dollar to decrease. O there is a tendency for the value of the dollar to increase. O there is a tendency for imports to increase. O there is a tendency for imports to decrease. O Both b and c are answers.

When interest rates increase in the United States O there is a tendency for the value of the dollar to decrease. O there is a tendency for the value of the dollar to increase. O there is a tendency for imports to increase. O there is a tendency for imports to decrease. O Both b and c are answers.

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 4CQQ

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Question

When interest rates increase in the United States
O there is a tendency for the value of the dollar to decrease.
O there is a tendency for the value of the dollar to increase.
O there is a tendency for imports to increase,
O there is a tendency for imports to decrease.
O Both b and c are answers.

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