Multiple Choice
Suppose that the yen-dollar exchange rate changes from 85 yen per dollar to 80 yen per dollar.One can say that the:
A) Yen has appreciated against the dollar and the dollar has depreciated against the yen
B) Yen has depreciated against the dollar and the dollar has appreciated against the yen
C) Yen has appreciated against the dollar and the dollar has appreciated against the yen
D) Yen has depreciated against the dollar and the dollar has depreciated against the yen
Correct Answer:
Verified
Correct Answer:
Verified
Q20: The supply of francs,would shift to the
Q22: In the foreign exchange market,a decrease in
Q25: The Canadian dollar would depreciate on the
Q26: The relationship between the exchange rate and
Q27: In the presence of purchasing-power parity,if one
Q28: With floating exchange rates,easy credit and low
Q29: Under floating exchange rates,relatively low domestic interest
Q30: Which of the following would cause the
Q72: The U.S.interest rate minus the foreign interest
Q131: Concerning exchange rate forecasting, technical analysis extrapolates