Author Question: A nominal appreciation of the Japanese yen (against all currencies) indicates that A) the yen ... (Read 60 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
A nominal appreciation of the Japanese yen (against all currencies) indicates that
 
  A) the yen price of the U.S. dollar has increased.
  B) the yen price of the U.K. pound has increased.
  C) the number of units of foreign currency that one can obtain with one yen has increased.
  D) all of the above

Question 2

Based on wage setting behavior, we know that a reduction in the unemployment rate will cause
 
  A) no change in the real wage.
  B) a reduction in the real wage.
  C) an increase in the real wage.
  D) an upward shift of the WS curve.



mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library