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blsea [12.9K]
3 years ago
5

Question 29 Multiple Choice Worth 3 points)

History
1 answer:
IRISSAK [1]3 years ago
8 0

If the value of dollar falls in comparsion to euro, goods supplied to Elaine's store would cost her more.

<u>Explanation</u>:

Since Elain specialises in speciality foods from Europe she must have to import it. Hence, she must have been paying in dollars which would later be converted in euro at the appropriate conversion rate.

Now, if the value of the dollar falls when compared to the euro, it means that for the same out of goods Elaine must have to pay more dollars(since dollar value has fallen). Hence the goods that are supplied in her store would cost her more than before.

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Answer:

The reasons that made Clinton a success in domestic policy are:

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Because even when the government wanted to cut medicare budget, and he presented a plan to keep it working without any cuts.

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Explanation:

First of all, we need to understand something, the country was in a state of chaos because previous governments had spent so much money they were in debt and they had to cut several essential programs to keep the basic government duties on. However, he analyzed the situation and re-balanced the budget to keep everything working as well as convincing the FED president to cut interest rates, as well as to a plan to boost the economy. One of his major contributions was the prevail of medicare.

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