The US Dollar Exchange Rate, E, Where E Is the Nominal

Multiple Choice

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

A) the Bank of Japan eases monetary policy.
B) the U.S. Federal Reserve eases monetary policy.
C) U.S. consumers increase their preference for Japanese cars.
D) the Bank of Japan tightens monetary policy.