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Author Question: If the dollar's value changes from 120 yen per dollar to 110 yen per dollar, the dollar has A) ... (Read 224 times)

Tazate

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on: Jun 29, 2018
If the dollar's value changes from 120 yen per dollar to 110 yen per dollar, the dollar has
 
  A) depreciated.
  B) appreciated.
  C) demanded.
  D) devalued.

Question 2

Money as a medium of exchange
 
  I. facilitates the exchange of goods.
  II. reduces or eliminates the need for barter.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


mcomstock09

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

A

Answer to Question 2

C


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