Suppose the yen value of a $100,000 wheat import contract rises from ¥12,000,000 to ¥13,000,000 between the contract and the payment date. This implies that the yen value of 1 dollar has declined so that, other things equal, we can expect an increase in Japanese demand for U.S. goods
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A) the Federal Register B) social regulation C) the market share test D) economic regulation
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When the price level increases, the effect of a change in government spending on real GDP will be understated
a. True b. False Indicate whether the statement is true or false
Economics