Holding other things constant, if the Japanese Yen, appreciates, it makes the Japanese products
a. Less attractive to US customers
b. More attractive to US customers
c. Neither more nor less attractive to US customers
d. None of the above
a
You might also like to view...
Use the following table to answer the next question.YearAltaZornAltaZorn?(Real GDP)(Real GDP)(Population)(Population)1$2,000$150,00020050022,100152,00020250532,200154,000210508Between years 1 and 2, real GDP per capita grew by approximately ________ percent in Alta.
A. 3 B. 10 C. 5 D. 4
Moving from a point inside the production possibilities frontier to a point on the production possibilities frontier, the opportunity cost of producing more of the good on the horizontal axis
A) increases. B) is infinite. C) decreases. D) is 0. E) is constant.
If higher inflation is expected in the future, then the
A) SAS curve shifts rightward. B) AD curve shifts rightward. C) LAS curve shifts rightward. D) None of the above answers is correct.
The crowding-out effect is likely to be the strongest during periods of
A. recession. B. large budget surpluses. C. high employment. D. expanding money supply.