The Japanese currency is called the
A) DM.
B) Yen.
C) Euro.
D) Dollar.
E) Pound.
B
You might also like to view...
In the years following the Civil War, the world supply of cotton ____________ and the world demand for cotton _____________
a. increased; also increased b. decreased; also decreased c. increased; decreased d. decreased; increased
Which of the following would not help identify market structure?
a. number of firms in the industry b. type of product produced in the industry c. ease of entry into the industry d. forms of competition among firms in the industry e. price of the good
If an asset cannot be sold quickly for cash without much loss of value, it is called:
A. illiquid. B. liquid. C. durable. D. fixed.
Suppose that Canada pegs its dollar to the U.S. dollar at a rate of $C1 = $US1 and that Canada is a major exporter of crude oil to the United States. The increase in the price of oil that occurred in the second half of 2007 is likely to:
A) cause asymmetric shocks to the U.S. and Canadian economies that will make it difficult for Canada to maintain the $C1 = $US1 exchange rate. B) cause symmetric shocks to the U.S. and Canadian economies that will make it difficult for Canada to maintain the $C1 = $US1 exchange rate. C) cause asymmetric shocks to the U.S. and Canadian economies and make it easier for Canada to maintain the $C1 = $US1 exchange rate. D) cause symmetric shocks to the U.S. and Canadian economies and make it difficult for Canada to maintain the $C1 = $US1 exchange rate.