If the Japanese central bank performed a sterilized intervention to reduce the value of the yen, the most likely result is:

A) a lower value of the yen due to an increase in the monetary base in Japan.
B) a lower value of the yen due to a decrease in Japanese interest rates.
C) a higher value of the yen since the intervention was sterilized.
D) no change in the value of the yen since neither the monetary base nor Japanese interest rates would be affected.

D

Economics

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During a period of high inflation:

A. borrowers are better off because they can pay off their loans with currency that is worth less. B. borrowers are worse off because they have to pay off their loans with currency that is worth more. C. lenders are worse off because they cannot find anyone who wants a loan. D. lenders are worse off because they are repaid with currency that is worth more. E. none of the above.

Economics

Everything else held constant, if the tax-exempt status of municipal bonds were eliminated, then

A) the interest rates on municipal bonds would still be less than the interest rate on Treasury bonds. B) the interest rate on municipal bonds would equal the rate on Treasury bonds. C) the interest rate on municipal bonds would exceed the rate on Treasury bonds. D) the interest rates on municipal, Treasury, and corporate bonds would all increase.

Economics