The exchange rate between the U.S. dollar and the Japanese yen change
A. every five years.
B. on a yearly basis.
C. on a monthly basis.
D. at times from one minute to the next.
D. at times from one minute to the next.
You might also like to view...
Money demand behavior may
A) change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities. B) change only as a result of demographic trends. C) change only as a result of financial innovations such as electronic cash-transfer facilities. D) not change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities. E) change as a result of demographic trends but not as a result of financial innovations such as electronic cash-transfer facilities.
The change in the contribution of capital formation was the chief cause of the productivity slowdown in 1973-1995
a. True b. False Indicate whether the statement is true or false
If the price of a good rises, supply will
A. increase. B. decrease. C. not change. D. the answer depends upon the demand in the market.
With the Bretton Woods system of international exchange rates
A) the value of a country's currency was determined strictly by the laws of supply and demand. B) the value of a country's currency was determined by its stock of gold. C) there were fixed exchange rates, and most countries were obligated to intervene to maintain the values of their currencies within 1 percent of par value. D) a nation's balance of payments was eliminated.