A depreciation of one's currency means that:
a. the country's exports will become more expensive.
b. the country's imports will become more expensive.
c. the country's imports will become less expensive.
d. it now requires less of this currency in exchange for one unit of another currency.
e. it now requires more units of other currencies in exchange for one unit of this currency.
b
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In the above figure, if the interest rate is 8 percent per year, the quantity of money demanded is
A) less than the quantity of money supplied, and the interest rate will change. B) less than the quantity of money supplied, and the demand curve for money will shift. C) greater than the quantity of money supplied, and the supply curve of money will shift. D) greater than the quantity of money supplied, and the interest rate will change. E) greater than the quantity of money supplied, and the demand curve for money will shift.
When a transfer price is set lower
a. the buying division will want to sell less to the selling division b. the buying division will want to sell more to the selling division c. the selling division will want to sell less to the buying division d. the selling division will want to sell more to the buying division
One of the first issuances of stock was offered by the:
A. East India Company. B. South Seas Company. C. Apple Company. D. North Seas Company.
Which economic perspective would be most closely associated with the view that discretionary monetary policy is an effective force for stabilizing the economy?
A. Monetarism B. Mainstream economics C. Rational expectations D. New classical economics