If Japanese cars surge in popularity in the United States, this event most likely will cause the Japanese yen to ________ and the U.S. dollar to ________.

A. depreciate; depreciate
B. appreciate; depreciate
C. depreciate; appreciate
D. appreciate; appreciate


Answer: B

Economics

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One of the main reasons for increasing income inequality in the United States is __________.

a. contraction in international trade

b. rapid technological change

c. an increase in white collar crimes

Economics

Suppose the price of chocolate chip cookies is $4.00 per pound and the price of a slice of cake is $2.00 per slice. The relative price of cake in terms of cookies is

A) 1/2 pound of cookies per cake. B) 2 pounds of cookies per cake. C) 1/2 slice of cake per cookie. D) 2 slices of cake per cookie.

Economics

When Dr. Jay Rosenstein treats a rich 75-year-old retired farmer for pneumonia, the money he receives is part of the __________ category(ies) of government spending

a. Medicaid b. veterans' benefits c. agriculture d. health and hospitals e. income support, Social Security, and welfare

Economics

The name of Andrew Carnegie is most closely associated with

A. the steel industry. B. the rubber industry. C. the meatpacking industry. D. the chemical industry.

Economics