U. S. exports will rise, other things equal when the $ depreciates.
The Commerce Department reported on Thursday that the trade deficit decreased by more than 6% in June. In part as a result of a minor decline in imports. That is probably due to the fact that people haven't been purchasing as much this year. However, a significant factor in the trade deficit's reduction in June was the rise in U.S. exports, which reached a record high of $260.8 billion. The majority of those exports, too? Gas that has been liquefied is supplied to Europe. According to economist Philip Verleger at the Niskanen Center, Russia's invasion of Ukraine has compelled Europe to search for gas substitutes.
Europe will purchase as much LNG as it can because the U.S. just so happened to be building new facilities across the Gulf of Mexico, according to Verleger.
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<span>Prince
Shotoku Taishi (574 to 622) of Yamato era acclaimed the throne after the rule
of Empress Suiko and is said to be a member of the imperial clan. In his reign,
he had institutionalized new constitution basing on the Chinese model in which
they have adopted its calendar, religious practice in Confucianism and Taoism
and spread Buddhism across Japan. China has also greatly influenced its ethics
and philosophy. The Seventeen-Article Constitution has established political
rules such as fair trials and officials obeying the reign of the monarch.</span>
The correct answer is D. A good with an elastic supply
Explanation:
The supply of a product is elastic if it is flexible and changes according to other factors such as demand or price. This means the amount offered by producers of a good is not the same all the time but can vary. This occurs in the case of grass seed because to attract more customers producers needed to lower the price and the amount of seeds they offered in each bag. This shows there was a change in the supply due to changes in the price of this product and the buyers' preferences.
Let's imagine a low season, this could be for example summer in a skiing resort, when there is no snow.
The hotel would likely be largely empty during such a time and would want to attract people with low prizes.
Therefore, the statement is false and the prizes would rather be low.
