When the exchange rate increases from 4 francs per dollar to 6 francs per dollar, the dollar has ________.
A. become overvalued
B. appreciated
C. depreciated
D. become undervalued
Answer: B
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What is your response to the following: "The Taylor rule shows a strong correlation between the target rate actually set by the FOMC and the one predicted by the rule. Since the Taylor rule would provide accountability, credibility, and transparency, the FOMC committee should be dissolved and replaced by a form of the Taylor rule."
What will be an ideal response?
The term after the bell means after the closing of the stock market
Indicate whether the statement is true or false
Table 13-20 Listed in the table are the long-run total costs for three different firms.
Firm B is experiencing constant returns to scale.
a. True
b. False
The market demand for most goods will
A. increase if the prices of substitutes fall. B. decrease if the price of complementary goods fall. C. increase if consumers expect prices to be higher in the future. D. decrease if consumers expect the goods to become less available.