Bonds owned by financial institutions represent ownership of the national debt by the private sector.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Which of the following changes in the exchange rate represents an appreciation of the dollar?
a. 100 yen = 1 to 90 yen = 1 b. 1 yen = .10 to 1 yen = .08
c. 1 peso = 10 to 1 peso = 11 d. 200 francs = 10 to 190 francs = 10
