A currency appreciation is a(n):
A. decrease in the value of a currency relative to other currencies.
B. increase in the value of a currency relative to other currencies.
C. increase in the official value of a currency in a fixed-exchange-rate system.
D. reduction in the official value of a currency in a fixed-exchange-rate system.
Answer: B
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Which of the following industries is part of a dynamic environment, meaning the market is constantly changing and updating?
a. nurseries b. education c. electronics d. manufacturing
A rightward shift of the money supply ________
A) may come about from an increase in the quantity of money supplied by the Federal Reserve B) may come about from a decrease in the price level C) leads to a decrease in interest rates ceteris paribus D) all of the above E) none of the above