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Unformatted text preview: are forced to be more competitive in their prices (lower prices) in their quality in order to stay in business and overall more efficient. What will happen to the U.S dollar due to either an increase in American imports or exports? Unit 21.3 What will happen to the value of the U.S dollar if interest rates increase? See Hot money Page 218 example 3. How can American citizens affect the foreign value of the American dollar? American citizens are the suppliers of the Dollar when they purchase imports, so they control supply of $ and overall value of $ What is meant by Policy ineffectiveness proposition? Unit 17.9 What is meant by discretionary fiscal and monetary policy? Give examples. Unit 18.2 What is meant by automatic stabilisers, give exam...
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This document was uploaded on 02/27/2014.
- Spring '14