If the Japanese yen appreciates from $0.01 per yen to $0.02 per yen, the U.S. dollar depreciates from ________ per dollar to ________ per dollar

Contractionary monetary policy and expansionary fiscal policy both reduce net exports in an open economy

Indicate whether the statement is true or false

National defense is provided by the government because

a. it is impossible for private markets to produce public goods. b. products provided by the government are produced more efficiently. c. free-riders make it difficult for private markets to supply the socially optimal quantity. d. public goods increase government revenues.