Which of the following would cause the U.S. dollar to depreciate against the Japanese yen?
a. Greater popularity of U.S. exports in Japan.
b. A higher price level in Japan.
c. Higher real interest rates in the United States.
d. Higher incomes in the United States.
d
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Suppose that goods X and Y are substitutes and the price of good Y falls. We would then expect
A) the quantity of good Y demanded to increase and the demand for good X to increase also. B) an increase in the demand for good X and a decrease in the quantity of good Y demanded. C) an increase in the quantity demanded of good Y and a decrease in the demand for good X. D) an increase in the demand for both good X and good Y.
The discount rate serves as a ceiling on interbank reserve loans
a. True b. False Indicate whether the statement is true or false
Running a supermarket involves:
A. the same level of risk as running a gourmet shop. B. a lower level of risk than running a gourmet shop. C. a higher level of risk than running a gourmet shop. D. All of the statements associated with this question are correct.
Deficit is to debt as
A. responsible is to irresponsible. B. increase is to decrease. C. flow is to stock. D. important is to unimportant.