Author Question: If a currency such as the US is traded in a competitive market, a(n) ________ in demand for the US ... (Read 58 times)

amal · **on:** Jul 1, 2018

If a currency such as the US is traded in a competitive market, a(n) ________ in demand for the US ________ the price of the US in terms of another currency such as the Japanese Yen ().

A) increase; lowers
B) increase; raises
C) decrease; raises
D) change; lowers

Question 2

If 1,000 is placed in an account earning 8 annually, the balance at the end of seven years will be

A) 1,080.
B) 1,560.
C) 2,000.
D) 1,714.