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Author Question: If the exchange rate between the yen and the dollar changes from 110 yen = 1 to 100 yen = 1, then: ... (Read 63 times)

WWatsford

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on: Jun 30, 2018
If the exchange rate between the yen and the dollar changes from 110 yen = 1 to 100 yen = 1, then:
 a. the dollar has depreciated in value.
  b. U.S.-made goods will become more expensive to Japanese citizens.
  c. the dollar has appreciated in value.
  d. Japanese-made goods will become less expensive to U.S. citizens.
  e. there will be a decrease in the demand for dollars in the foreign exchange market.

Question 2

If Y = 100 billion, then C = 50 billion, and I = 60 billion. What will autonomous investment be when Y = 200 billion and C = 100 billion?
 a. 50 billion
  b. 60 billion
  c. 100 billion
  d. 120 billion
  e. 200 billion


Ashley I

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

a

Answer to Question 2

b


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WWatsford

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Reply #2 on: Jun 30, 2018
Thank you


Ashley I

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Reply #3 on: Jun 30, 2018
No problemo


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