The US Dollar Exchange Rate, E, Expressed as Japanese Yen Per

Multiple Choice

The U.S. dollar exchange rate, e, expressed as Japanese yen per U.S. dollar, will appreciate when:

A) real GDP in the U.S. increases.
B) real GDP in Japan increases.
C) the U.S. Federal Reserve eases monetary policy.
D) U.S. consumers increase their preference for Japanese cars.