Suppose the U.S. dollar price of the Japanese yen decreases. Given this information, which of the following is correct?

A European option can only be exercised on the final day, the expiration date

Indicate whether the statement is true or false

Contractionary policies help correct a balance of payments deficit by

a. lowering domestic incomes but raising demand for imports b. raising domestic incomes but lowering demand for imports c. raising both domestic incomes and demand for imports d. lowering both domestic incomes and demand for imports e. lowering interest rates and increasing aggregate spending