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Question 9 1 pts When the exchange rate changes so that the U.S. dollar deprecia

ID: 1122363 • Letter: Q

Question

Question 9 1 pts When the exchange rate changes so that the U.S. dollar depreciate relative to the Japanese yen: O more Japanese yens are required to buy a dollar. O Japanese goods and services become more expensive for the U.S. citizens O there will be an increase in Japanese goods and services exported to the U.S O fewer U.S. goods and services will be demanded by the Japanese. Question 10 1 pts Refer to the table below. If monetary authorities in the European Union decided to "peg" or fix the exchange rate for the euro at $1.30, then there would: Qd of Euros (in billions) Price of Euro Qs of Euros (in billions) 1.60 1.50 1.40 1.30 1.20 10 15 20 25 30 30 25 20 15 10 O be a surplus of 30 billion euros O be a shortage of 20 billion euros O the euro would depreciate in value. O the dollar would appreciate in value

Explanation / Answer

9.

Japanesse goods and services become more expensive for US citizens

because Yen has appreciated.

the above is the answer

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