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Author Question: What explains the appreciation of the Japanese yen relative to the U.S. dollar from 1970 to the ... (Read 136 times)

geodog55

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on: Jun 29, 2018
What explains the appreciation of the Japanese yen relative to the U.S. dollar from 1970 to the early 1990s?
 
  A) High tariffs and restrictive quotas in the United States caused the value of the dollar to decline.
  B) Japanese productivity rose faster than U.S. productivity.
  C) U.S. consumers reduced their preferences for Japanese goods.
  D) Japanese inflation rose faster than U.S. inflation.

Question 2

What is the largest component of spending in the United States?
 
  A) investment spending B) government spending
  C) consumption spending D) net investment spending


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LP

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

B

Answer to Question 2

C


geodog55

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Reply #2 on: Jun 29, 2018
Thank you


LP

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Reply #3 on: Jun 29, 2018
No problemo


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