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Author Question: If the Japanese government enters the foreign exchange market and sells yen to maintain a specific ... (Read 181 times)

plus1

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on: Jun 29, 2018
If the Japanese government enters the foreign exchange market and sells yen to maintain a specific exchange rate with the dollar, the dollar will ________ and the yen will ________.
 
  A) depreciate; depreciate B) depreciate; appreciate
  C) appreciate; depreciate D) appreciate; appreciate

Question 2

The smaller the slope of the aggregate planned expenditure (AE) curve, the
 
  A) larger are imports.
  B) smaller the multiplier.
  C) larger the multiplier.
  D) larger are exports.
  E) larger is the marginal tax rate.


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kardosa007

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

C

Answer to Question 2

B


plus1

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

softEldritch

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Reply 3 on: Yesterday
Excellent

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