Author Question: An increase in the equilibrium price of Japanese yen per dollar could be caused by a(n): a. ... (Read 55 times)

sarasara

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An increase in the equilibrium price of Japanese yen per dollar could be caused by a(n):
 a. increase in the general level of prices in Japan.
  b. increase in the U.S. demand for domestically-built automobiles.
  c. decrease in the U.S. income relative to the income in Japan.
  d. increase in the supply of dollars on the foreign market.

Question 2

In the Keynesian model, investment spending is an autonomous expenditure.
 a. True
  b. False
  Indicate whether the statement is true or false



tmlewis4706

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Answer to Question 1

d

Answer to Question 2

True



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