Each of the following would decrease the supply of U.S. dollars, shifting the supply curve for dollars to the left, EXCEPT:
A)a decreased preference for foreign-made goods.
B)a decrease in U.S. real GDP.
C)a decrease in the real interest rate on foreign assets.
D)a depreciation of the U.S. dollar relative to other currencies.

Question

Quizplus · Accepted Answer

A depreciation of the U.S dollar relative to other currencies is a downward movement along the supply curve for U.S. dollars. The other answer choices shift the supply curve for dollars to the left.

Each of the Following Would Decrease the Supply of U