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Q: What effect does value of the dollar have on consumers?
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What happens when the value of the us dollar goes down?

if the value of dollar goes down, there are big effect to the ofw, for example the remittaces of the ofw when they sent the dollar here in Philippines the value of the dollar is depreciated.


What happens when a good or service has a network effect?

When a good or service possesses a network effect, then its value to a consumer depends on the number of other consumers who also purchase that item.


How does the study of economice help us as consumers?

Yes because it will teach you the value of the dollar which will help u learn to save and spend money wisely


How does the American trade deficit effect the value of the dollar?

The more dollars that flee from America to other parts of the world.the more likely the dollar can be debased by the government.


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What is the effect of dollar votes by consumers?

Examples of the effect of consumer "dollar votes" on jobs: Internet is a way for people to get information so the "dollar votes" for newspaper had gone down. House phones are not being bought as much because of the use of many high tech smart cellphones. The use of DVR decreased because of Internet movies such as Netflix being created for a way for people to have movie rentals..