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Author Question: Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the ... (Read 127 times)

APUS57

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on: Jun 29, 2018
Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the dollar in international exchange markets to ________. I.e., the dollar ________ in value against the yen.
 
  A) increase; depreciates B) decrease; depreciates
  C) decrease; appreciates D) increase; appreciates

Question 2

If the consumption function is defined as C = 7,250 + 0.8Y, what is the autonomous level of consumption expenditure?
 
  A) 5,800 B) 7,250 C) 9,062.50 D) 9,700


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babybsemail

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

D

Answer to Question 2

B


APUS57

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Reply #2 on: Jun 29, 2018
Thank you :)


babybsemail

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Reply #3 on: Jun 29, 2018
Happy to help you


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