Last week, 6 swedish kroner could purchase one U.S. dollar. This week, it takes 8 to purchase one U.S. dollar. this change in the value of the dollar will_______ exports from the U.S. sweden and U.S. aggregate demand. 1. decrease; increase 2. increase; increase 3. increase; decrease 4. decrease; decrease

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter14: A Macroeconomic Theory Of The Open Economy
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Last week, 6 swedish kroner could purchase one U.S. dollar. This week, it takes 8 to purchase one U.S. dollar. this change
U.S. aggregate demand.
in the value of the dollar will
exports from the U.S. sweden and
1. decrease; increase
2. increase; increase
3. increase; decrease
4. decrease; decrease
Transcribed Image Text:Last week, 6 swedish kroner could purchase one U.S. dollar. This week, it takes 8 to purchase one U.S. dollar. this change U.S. aggregate demand. in the value of the dollar will exports from the U.S. sweden and 1. decrease; increase 2. increase; increase 3. increase; decrease 4. decrease; decrease
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