Multiple Choice
If the exchange rate changes from 100 yen per dollar to 105 yen per dollar, then the dollar has:
A) depreciated
B) appreciated
C) devalued
D) revalued
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q52: While making investment decisions, investors compare:<br>A)the real
Q53: The real exchange rate is the:<br>A)rate at
Q54: Explain why net exports equal aggregate saving
Q55: If the nominal exchange rate is e,
Q56: Which of the following is not strongly
Q58: If the nominal exchange rate is 75
Q59: If purchasing-power parity holds, and a tonne
Q60: As the value of the Australian dollar
Q61: According to the theory of purchasing-power parity,
Q62: When an Australian exporter sells software to