Figure 15-1
-Refer to Figure 15-1. An increase in purchases of U.S. goods and services by foreigners
Would shift the

Question

Figure 15-1 
-Refer to Figure 15-1. An increase in purchases of U.S. goods and services by foreigners
Would shift the

Quizplus · Accepted Answer

An increase in purchases of U.S. goods and services by foreigners means that there is an increase in the demand for U.S. dollars to pay for those goods and services. Therefore, this would shift the demand for dollars curve to the right as there is an increase in demand for dollars.

Figure 15-1 -Refer to Figure 15-1. an Increase in Purchases of U.S