This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Countries that maintain a constant gold value for their currencies are said to be on a gold ... (Read 109 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Jun 30, 2018
Countries that maintain a constant gold value for their currencies are said to be on a gold standard.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose that the exchange rate between Japanese yen and U.S. dollars is originally 130 yen to the dollar. If it then changes to 150 yen to the dollar, imports of Japanese goods into the United States will tend to:
 a. rise.
 b. fall.
 c. stay the same.
 d. change in an indeterminate direction.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


plus1

  • Hero Member
  • *****
  • Posts: 676
Reply #2 on: Jun 30, 2018
Thank you :)


elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Flynn Effect IQ scores have risen across developed countries in recent decades. Source: Flynn (199 Flynn Effect IQ scores have risen across developed countries in recent decades. Source: Flynn (199
A William Jennings Bryan poster alludes to religion: “no crown of thorns” and no “cross of gold.” Br A William Jennings Bryan poster alludes to religion: “no crown of thorns” and no “cross of gold.” Br
Charlie Chaplin in The Gold Rush. Charlie Chaplin in The Gold Rush.
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library