A decrease in U.S. interest rates relative to Japanese interest rates will

a. decrease the supply of dollars on the foreign exchange market
b. increase the demand for dollars on the foreign exchange market
c. increase the supply of dollars on the foreign exchange market
d. cause the value of the dollar to appreciate
e. cause U.S. exports to increase


C

Economics

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Suppose you are given the following demand data for a product.PriceQuantity Demanded$1030940850760670The price elasticity of demand (based on the midpoint formula) when price decreases from $10 to $8 is

A. -1.60. B. -.63. C. -2.25. D. -1.16.

Economics

In the above figure, if D2 is the original demand curve for a normal good and income decreases, which price and quantity might result?

A) point a, with price P2 and quantity Q2 B) point b, with price P1 and quantity Q1 C) point c, with price P3 and quantity Q3 D) point d, with price P1 and quantity Q3

Economics

Which of the following is a form of a direct tax?

a. Personal income tax b. Sales tax c. Excise duty d. Import tariff e. Value-added tax

Economics

Suppose you buy a new Tesla Model S. The battery that comes with the car is a(n)

A. intermediate good. B. financial good. C. final good. D. transfer good.

Economics