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Experience:  BSc (Hons) Political Science
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A fall in the value of the dollar against other currencies

Resolved Question:

A fall in the value of the dollar against other currencies makes
U.S. final goods and services cheaper to foreigners even
though the U.S. aggregate price level stays the same
As a result,
foreigners demand more American aggregate output.
Your study partner says that this represents a movement down the aggregate demand curve because foreigners are demanding
more in response to a lower price. You, however, insist
that this represents a rightward shift of the aggregate demand
curve. Who is right? Explain.
Submitted: 7 years ago.
Category: Homework
Expert:  Joanne replied 7 years ago.

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Customer: replied 7 years ago.
I accepted this answer
Customer: replied 7 years ago.
10. Suppose that the economy is currently at potential output.
Also suppose that you are an economic policy maker and that
a college economics student asks you to rank, if possible, your
most preferred to least preferred type of shock: positive demand
shock, negative demand shock, positive supply shock,
negative supply shock. How would you rank them and why?
Expert:  Joanne replied 7 years ago.
Hi, can I check with you if you have made payment for this question? Because I didn't receive it.

Also, please post the new question in a new thread.
Customer: replied 7 years ago.
yes I made payment

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