If the exchange rate value of one U.S. dollar changes from 120 Japanese yen to 140 yen,
a. the U.S. dollar has appreciated relative to the yen.
b. the Japanese yen has depreciated relative to the dollar.
c. the U.S. dollar has depreciated relative to the yen.
d. both a and b have occurred.
D
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As emissions levels increase at a steady rate for a stock pollutant, accumulations
a. Decrease at a steady rate b. Decrease at an exponential rate c. Remain constant d. Increase at a steady rate e. Increase at an exponential rate
Your textbook refers to a "basket" of currencies. What is it?
a. a random selection of currencies b. currencies that are low-valued and unstable c. currencies that represent the average increase in value for all currencies d. currencies most used by the nation in its trade and other transactions, weighted by their importance