The demand curve for U.S. dollars _________slopes downward because as the dollar U.S. goods become_________ expensive to foreign residents, so they purchase fewer U.S. goods, and the quantity of dollars demanded decreases.
A) appreciates; more
B) appreciates; less
C) depreciates; less
D) depreciates; more

Question

Quizplus · Accepted Answer

When the U.S. dollar appreciates, U.S. goods become more expensive for foreign residents, leading to a decrease in the quantity of dollars demanded.

The Demand Curve for U