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 depreciate when:

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