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Author Question: If the Japanese price level falls relative to the price level in the United States, then: a. ... (Read 84 times)

anjilletteb

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on: Jun 30, 2018
If the Japanese price level falls relative to the price level in the United States, then:
 a. Japanese buy less U.S. exports.
  b. the demand for dollars decreases.
  c. the supply of dollars increases.
  d. the value of the dollar falls.
  e. all of these are true.

Question 2

The marginal propensity to consume (MPC) is the change in consumption divided by the change in saving.
 a. True
  b. False
  Indicate whether the statement is true or false


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bulacsom

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


anjilletteb

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amandanbreshears

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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