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Author Question: In June 2008, 1 bought 104 yen and in October, 1 bought 93 yen. This change means A) U.S. exports ... (Read 28 times)

rlane42

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on: Jun 29, 2018
In June 2008, 1 bought 104 yen and in October, 1 bought 93 yen. This change means
 
  A) U.S. exports became more expensive for Japanese buyers.
  B) there will be a movement down along the demand curve for dollars.
  C) there was an increase in the value in the dollar, relative to the yen.
  D) the dollar appreciated relative to the yen.

Question 2

In the United States, the median household income is ________ than the mean income, which means there are ________ households with low incomes than with high incomes.
 
  A) less; more
  B) greater; more
  C) greater; fewer
  D) less; fewer


morrie123456

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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