Depreciation of the dollar relative to the yen means that the
A) dollar price of the yen has fallen.
B) yen prices of Japanese goods have increased to the Japanese.
C) dollar prices of imported goods from Japan have increased.
D) yen are less expensive to Americans.
Correct Answer:
Verified
Q45: The foreign exchange rate refers to
A)the price
Q46: The rate at which two currencies trade
Q47: Statement I: The U.S.and nearly all other
Q48: Statement I: A de facto dollar standard
Q49: Statement I: The U.S.and nearly all other
Q51: The decrease in the value of the
Q52: Statement I: Foreigners have been recycling the
Q53: In order to finance the U.S.current account
Q54: A depreciation of the dollar will
A)discourage foreigners
Q55: Statement I: Rising interest rates in the
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