If movement along a graph causes the value on the vertical axis to rise by 5 units and the value on the horizontal axis to fall by 10 units, the slope of the function is

Suppose 80% of U.S. trade is with England and the rest is with Japan. If the dollar rises by 10% against the pound and rises by 20% against the yen, what is the percentage change in the effective exchange rate of the United States?

a. -16% b. -12% c. -8% d. -4%

The percentage of deposits that banks must hold as reserves is called the

A) percentage rate. B) required reserve ratio. C) Fed rate. D) discount rate.