Who would benefit if the exchange rate with yen (in U.S. dollars) increased?
a. c and e.
b. Japanese tourists.
c. U.S. consumers.
d. U.S. exporters.
e. Japanese exporters.
a
Economics
You might also like to view...
The natural unemployment rate increased significantly during the 1980s and the 1990s
Indicate whether the statement is true or false
Economics
Suppose that wage contracts between workers and employers are based on an expected inflation rate of 3% and a 5% increase in money wages is agreed upon. If inflation actually equals 7%, real wages...
What will be an ideal response?
Economics