Which of the following will NOT cause a depreciation of the rand against the dollar? choose the correct answer (a) A decrease in imports from the United States. (b) A decrease in exports to the United States. (c) A decrease in the number of tourists visiting South Africa from the United States. (d) An increase in the number of American investors selling their shares in South African companies and converting the proceeds to dollars.
Which of the following will NOT cause a depreciation of the rand against the dollar? choose the correct answer (a) A decrease in imports from the United States. (b) A decrease in exports to the United States. (c) A decrease in the number of tourists visiting South Africa from the United States. (d) An increase in the number of American investors selling their shares in South African companies and converting the proceeds to dollars.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Which of the following will NOT cause a
dollar? choose the correct answer
(a) A decrease in imports from the United States.
(b) A decrease in exports to the United States.
(c) A decrease in the number of tourists visiting South Africa from the United
States.
(d) An increase in the number of American investors selling their shares in South
African companies and converting the proceeds to dollars.
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