Multiple Choice
When more rands are needed to buy a unit of Japanese yen, the rand
A) has deflated.
B) has inflated.
C) has appreciated.
D) has depreciated.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Suppose a cup of coffee is €1.50
Q7: SA's net capital outflow measures<br>A)the flow of
Q8: If the SA price level is increasing
Q9: If savings in SA is R300 billion
Q10: If other things remain the same, if
Q12: A fall in the rand's nominal exchange
Q13: If the nominal exchange rate is 20
Q15: Suppose the inflation rate over the last
Q16: If SA exports more than it imports,<br>A)SA's
Q47: An economy that interacts with other economies