Refer to the above figure. Suppose E is the original equilibrium. Japanese residents have increased their demand for U.S. goods. This will lead to
A) a depreciation of the yen and an increase in the quantity of yens sold per week.
B) a depreciation of the yen and a decrease in the quantity of yens sold per week.
C) an appreciation of the yen and an increase in the quantity of yens sold per week.
D) an appreciation of the yen and a decrease in the quantity of yens sold per week.
C
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In the above figure, which wage rate will yield the highest wage rates for particular workers?
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