Suppose the dollar is overvalued by 20 and the secretary of


Quesiton: Suppose the dollar is overvalued by 20% and the Secretary of the Treasury announces that he hopes it will soon return to equilibrium. How would this announcement affect your sales if you were in the following businesses?

(A) Motor vehicles.

(B) Steel.

(C) Fabricated metal products (such as heating and plumbing fixtures) for housing.

(D) Organic chemicals.

(E) Aerospace.

(F) Textiles and apparel.

(G) Fertilizer.

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Microeconomics: Suppose the dollar is overvalued by 20 and the secretary of
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