If on Monday $1 = 146 Japanese yen and on Friday $1 = 147 yen, the dollar appreciated and the yen depreciated

a. True
b. False

A

Economics

You might also like to view...

For a household, the opportunity cost of not working is the

A) price level. B) nominal wage rate. C) demand for labor. D) cost of living. E) real wage rate.

Economics

There is no rational explanation how government can fund anti-smoking campaigns and tobacco subsidies simultaneously

a. True b. False

Economics