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Author Question: The Employment Act of 1946 dictated the U.S. goal of maintaining high employment through high ... (Read 94 times)

pane00

  • Hero Member
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  • Posts: 579
on: Jun 30, 2018
The Employment Act of 1946 dictated the U.S. goal of maintaining high employment through high economic growth but did not specify any goals with regard to the price level.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose a Japanese investor purchases a dollar deposit that yields 5 percent interest at the end of a year. What will be the approximate return in terms of yen at maturity if the exchange rate moves from 1 = 100 to 1 = 105 during the year?
 a. 1 percent
  b. 5 percent
  c. 10 percent
  d. 20 percent
  e. 0 percent


k2629

  • Sr. Member
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  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


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