The U.S. dollar has depreciated relative to the Japanese yen if it takes
A) fewer yen to buy a dollar.
B) more yen to buy a dollar.
C) more dollars to buy a yen.
D) fewer dollars to buy a yen.
E) a and c
E
Economics
You might also like to view...
Suppose you and your friend are in a shopping mall and you borrow $100 from your friend to pay for a pair of shoes that you purchase in a sho
A) transaction costs. B) indirect financing. C) direct financing. D) moral hazard.
Economics
Which of the following will not help to prevent bank runs?
a. government insurance of deposits b. fractional reserve banking c. 100% reserve banking d. All of the above prevent bank runs.
Economics