Assume the United States is the "domestic" country and China is the "foreign" country. Which of the following might increase the real exchange rate between the United States and China?
A) an increase in the price level in the United States.
B) an increase in the price level of China
C) a depreciation of the dollar
D) an appreciation of the yuan
A
You might also like to view...
Data for an economy shows that the unemployment rate is 10%, the participation rate 80 percent, and 200 million people 16 years or older are not in the labor force. How many people are in the labor force in this economy?
A. 200 million B. 800 million C. 80 million D. 1.0 billion
The form of economics most relevant to managerial decision-making within the firm is:
a. macroeconomics b. welfare economics c. free-enterprise economics d. microeconomics e. none of the above
Most of the EPA Superfund expenditures have gone for court costs and legal fees
a. True b. False
In the United States, the unemployment rate for women is roughly the same as the unemployment rate for men
a. True b. False Indicate whether the statement is true or false