Suppose the dollar is subject to a floating exchange rate system and that R is the number of dollars per unit of foreign exchange. If R increases, then the dollar

A) depreciates.
B) appreciates.
C) is devalued.
D) is revalued.
E) Both A and C.

A

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Fiscal expansion under fixed exchange rates will have what temporary effect?

A) the money supply will decrease. B) output will decrease. C) the exchange rate will increase. D) the exchange rate will decrease. E) there will be no effect.

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Prospective payment in the hospital sector

a. resulted in the hospital keeping any surplus payment. b. resulted in the hospital absorbing any loss from the payment. c. changed the incentive structure completely. d. all of these are true.

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