Since the mid-1980s, the dollar's value has fallen from over 300 yen per dollar to about 136 yen per dollar. This trend might be explained by:
A. Japanese purchases of U.S. dollars.
B. lower interest rates in Japan.
C. lower inflation in Japan.
D. higher economic growth in Japan.
Answer: C
You might also like to view...
A decision to increase the parameter ? in the MP curve is an example of ________
A) autonomous easing B) leftward movement along the curve C) rightward movement along the curve D) endogenous response E) autonomous tightening
Betty's Bakery bakes fresh bread every morning. Any bread not sold by the end of the day is thrown away. A loaf of bread costs Betty $2.00 to produce, and she prices loaves of bread at $3.50 per loaf. Suppose near the end of one day Betty still has 12 loaves of bread on hand. Which of the following is correct?
a. Betty should only sell the remaining bread for $3.50 per loaf since that is the regular price. b. Betty should only sell the remaining bread for $2.00 per loaf or more since that is what the bread costs to make. c. Betty should be willing to sell the remaining bread for any price above $0 per loaf since she will have to throw it away if she does not sell it for something. d. Betty should just throw the bread away and change the price of her bread starting tomorrow to make sure she sells all of her bread each day.
The impact of fiscal policy is
A) magnified because of crowding out and weakened because of crowding in. B) magnified because of crowding in and weakened because of crowding out. C) magnified because of crowding out and crowding in. D) weakened because of crowding out and crowding in.
In 2014, the fraction of families living in poverty that were headed by single mothers of children under age 18 is
A. 34%. B. 22%. C. 68%. D. 45%.