Author Question: The exchange rate between the United States and Japan A) is fixed so it does not change. B) ... (Read 59 times)

dollx · **on:** Jun 29, 2018

The exchange rate between the United States and Japan

A) is fixed so it does not change.
B) consistently decreases over time.
C) does not exist.
D) consistently increases over time.
E) fluctuates, sometimes rising and sometimes falling.

Question 2

The graph illustrates the market for British pounds, the currency of the United Kingdom. As the number of buyers of pounds increases and the number of sellers of pounds increases, the equilibrium price of a pound

A) will fall
B) will rise.
C) will remain the same.
D) might rise, fall, or remain the same depending on whether the effect on buyers is larger than, less than, or the same as the effect on sellers.
E) None of the above answers is correct.