If the yen appreciates in value against the dollar, the dollar must have depreciated against the yen

Indicate whether the statement is true or false

TRUE

Economics

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A normal good is defined as a good

A) for which demand increases when income increases. B) with a downward sloping demand curve. C) for which demand increases when the number of demanders increases. D) for which demand increases when the price of a substitute rises. E) for which demand increases when the price of a complement falls.

Economics

Which of the following would shift the Phillips curve to the left?

A. Contractionary fiscal policy. B. A decrease in the regulation of business. C. Contractionary monetary policy. D. An increase in import tariffs.

Economics