When the U.S. dollar depreciates against the yen, the yen becomes ________ expensive and the U.S. exchange rate ________

A) more; rises
B) less; rises
C) more; falls
D) less; falls

C

Economics

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Budget deficit

What will be an ideal response?

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When the costs of an action are NOT fully borne by the two parties engaged in a transaction, this is called a(n)

A) externality. B) opportunity cost. C) property right. D) internal cost.

Economics