If the U.S. dollar depreciates against the yen below the targeted exchange rate, the U.S. Federal Reserve has to intervene in the foreign exchange market such that:
a. the U.S. demand for yen rises.
b. the supply of U.S. dollars rises.
c. U.S. exports to Japan fall.
d. the U.S. dollar is devalued.
e. the supply of U.S. dollars falls.
e
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An implicit cost is
A) a nonmonetary opportunity cost. B) a cost that involves spending money. C) a cost unique to sole proprietorships. D) a cost unique to corporations.
Capital accounts measure
a. the foreign asset holdings of a nation and that nation's asset holding abroad b. d and e c. changes in the foreign asset holdings of a nation and the difference between its exports and imports d. the difference between a nation's exports and imports e. changes in the foreign asset holdings of a nation and that nation's asset holdings abroad
Which of the following correctly ranks the three countries, from highest to lowest, for percentage of college-age children in school?
a. United Kingdom, Mali, Mexico. b. Mexico, Mali, United Kingdom. c. United Kingdom, Mexico, Mali. d. Mali, Mexico, United Kingdom.
Margin suggests additional or incremental.
a. true b. false