This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that the yen-dollar foreign exchange rate changes from 130 yen per dollar to 140 yen per ... (Read 26 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Suppose that the yen-dollar foreign exchange rate changes from 130 yen per dollar to 140 yen per dollar. Then the yen has
 
  A) depreciated against the dollar, and the dollar has appreciated against the yen.
  B) depreciated against the dollar, and the dollar has depreciated against the yen.
  C) appreciated against the dollar, and the dollar has appreciated against the yen.
  D) appreciated against the dollar, and the dollar has depreciated against the yen.

Question 2

Checks and credit cards are NOT considered money because they
 
  A) are issued by banks, not the Federal Reserve.
  B) are not the means of payment.
  C) typically require an identification requirement, such as your driver's license.
  D) are not backed by all commercial banks.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Mass Exchange Between Close Binary Stars Mass Exchange Between Close Binary Stars
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
The nuclear envelope is studded with pores, which allow exchange of materials The nuclear envelope is studded with pores, which allow exchange of materials
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Same pair of homologs, but with an exchange occurring between two nonsister chromatids Same pair of homologs, but with an exchange occurring between two nonsister chromatids
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library