This topic contains a solution. Click here to go to the answer

Author Question: If the official gold value of the Australian dollar changes from 470 Australian dollars per ounce to ... (Read 198 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
If the official gold value of the Australian dollar changes from 470 Australian dollars per ounce to 493 Australian dollars per ounce, we can say that the Australian dollar has appreciated in value.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In foreign exchange markets, the demand for dollars is determined:
 a. solely by the level of U.S. merchandise exports.
 b. solely by the level of U.S. merchandise imports.
 c. by the level of U.S. imports and the demand for foreign assets by U.S. citizens and the U.S. government.
  d. by the level of U.S. exports and the demand for U.S. assets by foreigners.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chocorrol77

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

False

Answer to Question 2

d




strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
Excellent


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library