If the exchange rate changes from 1.10 euros per dollar to 1.00 euro per dollar, the dollar has
A) depreciated against the euro.
B) appreciated against the euro.
C) fallen inversely in value.
D) appreciated against the dollar.
E) depreciated against the dollar.
A
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Holding the actual unemployment rate below the natural unemployment rate eventually causes the natural rate to fall toward the actual, according to the ________ hypothesis, implying that an aggressive stimulative demand policy causes a ________
acceleration of inflation. A) hysteresis, temporary B) hysteresis, permanent C) structuralist, temporary D) structuralist, permanent
Which of the following statements is false?
A) A corporate bond typically has face value of $1,000. B) Corporate bonds typically sell for a price that is equal to the bond's face value. C) The interest that corporate bonds pay is fully taxable. D) State and local governments issue municipal bonds.
Economic rent is
A. the sum of the payment actually received by an owner of a factor of production and her reservation price. B. the payment actually received by an owner of a factor of production. C. the reservation price of an owner of a factor of production. D. the difference between the payment actually received by the owner of a factor of production and her reservation price.
How can debt policies for DVC create a moral hazard?
What will be an ideal response?