This topic contains a solution. Click here to go to the answer

Author Question: If the official gold value of the Australian dollar changes from 470 Australian dollars per ounce to ... (Read 206 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
If the official gold value of the Australian dollar changes from 470 Australian dollars per ounce to 493 Australian dollars per ounce, we can say that the Australian dollar has appreciated in value.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In foreign exchange markets, the demand for dollars is determined:
 a. solely by the level of U.S. merchandise exports.
 b. solely by the level of U.S. merchandise imports.
 c. by the level of U.S. imports and the demand for foreign assets by U.S. citizens and the U.S. government.
  d. by the level of U.S. exports and the demand for U.S. assets by foreigners.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chocorrol77

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

False

Answer to Question 2

d




strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library