Figure 19.1
-Refer to Figure 19.1. The yen is currently at Point A. An appreciation of the yen causes a movement to Point _______.

Question

Quizplus · Accepted Answer

An appreciation of the yen means that the yen has increased in value compared to another currency. This would cause a movement along the horizontal axis to the right, towards the higher yen value. Therefore, Point C would be the correct answer as it represents a higher yen value compared to Point A.

Figure 19.1 -Refer to Figure 19.1. the Yen Is Currently at Point