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Author Question: If the exchange rate falls from 120 yen per dollar to 110 yen per dollar, the dollar has ... (Read 107 times)

jilianpiloj

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on: Jun 29, 2018
If the exchange rate falls from 120 yen per dollar to 110 yen per dollar, the dollar has depreciated.
 
  Indicate whether the statement is true or false

Question 2

Which of the following always lowers the equilibrium price?
 
  A) an increase in both demand and supply
  B) a decrease in both demand and supply
  C) an increase in demand combined with a decrease in supply
  D) a decrease in demand combined with an increase in supply


momtoalll

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

TRUE

Answer to Question 2

D


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