If the currency of your country is appreciating, the result should be to ______ exports and to _______ imports.
A. increase; increase
B. increase; decrease
C. -decrease; increase
D. decrease; decrease
E. not affect; not affect
C. -decrease; increase
An appreciating currency means that country's goods and services are more expensive to foreigners and thus that country's exports are discouraged. Likewise, goods and services of other countries are now less expensive, and thus imports are stimulated.
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The current ratio is one of the measures of__________ of the firm
Fill in the blank(s) with correct word
According to a National Highway Traffic Safety Administration study, distracted driving accounts for __________ of all accidents.
A. 25 percent B. 50 percent C. 60 percent D. 80 percent
Statutes or the common law impose duties of good faith and fair dealing on all members of an LLC whether the LLC is manager managed or member managed
Indicate whether the statement is true or false
The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McDonald's Corporation's Big Mac hamburger around the world
The index estimates the exchange rates for currencies based on the assumption that the burgers in question are the same across the world and therefore, the price should be the same. If a Big Mac costs $2.54 in the United States and 294 yen in Japan, what is the estimated exchange rate of yen per dollar as hypothesized by the Hamburger index? A) $0.0086/¥ B) ¥124/$ C) $0.0081/¥ D) ¥115.75/$