The foreign exchange rate can be influenced by the Federal Reserve

If the exchange rate between the yen and the dollar changed from 110 yen = $1 to 100 yen = $1, then

a. the dollar depreciated b. U.S. goods will become more expensive to the Japanese c. the dollar appreciated d. Japanese goods will become less expensive to U.S. citizens e. the demand for dollars will decrease

People tend to wait until deadlines get close to work on projects in part because they believe that they can complete the projects in less time than it will actually take. Which findings from behavioral economics is this observation consistent with?

a. People tend to be time inconsistent and people tend to be overconfident. b. People tend to be time inconsistent but not that people tend to be overconfident. c. People tend to be overconfident, but not that people tend to be time inconsistent. d. Neither that people tend to be overconfident nor that people tend to be time inconsistent.