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Blababa [14]
3 years ago
6

The dollar has appreciated against the currencies of many of the U.S.'s top trading partners. What outcome could this fall in fo

reign price levels have on aggregate demand
Business
2 answers:
fenix001 [56]3 years ago
6 0

Answer: Aggregate demand would shift to the left due to a decrease in US exports.

Explanation When the dollar appreciated against foreign currencies, U.S. goods and services become relatively more expensive, reducing exports and boosting imports in the United States. Such a reduction in net exports reduces aggregate demand.

Tanzania [10]3 years ago
6 0

Answer:

The aggregate demand will fall.

Explanation:

The appreciation of currency makes import cheaper and export costlier. For example, a stronger dollar can buy more commodities from a foreign nation. Conversely, the foreign nation won’t be able to buy more commodities from the U.S. thus, the export will fall in the U.S. and imports will increase. So, a fall in net export results in a fall in aggregate demand.

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<h3>What is the direct write-off method?</h3>

The direct write-off method is one of the methods for writing off uncollectible accounts.

With the direct write-off method, the bad debts expense account is <u>debited</u> while the accounts receivable are <u>credite</u>d.

Thus, using the direct write-off method, Hanes will record the write-off of this account by <u>debiting</u> the Bad Debts Expense account.

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denpristay [2]

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