An appreciation of the Japanese yen relative to the U.S. dollar will
a. increase aggregate demand in the United States.
b. increase aggregate supply in the United States.
c. increase aggregate demand in Japan.
d. decrease aggregate supply in Japan.
a
Economics
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A) assigning opportunity costs a major role in their analyses of choices. B) assuming individuals make choices to maximize objectives. C) emphasizing that choices are made at the margin. D) all of the above.
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Which of the following conditions distinguishes monopolistic competition from perfect competition?
a. number of sellers b. freedom of entry and exit c. perfect information d. homogeneity of the product
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